Selden, NY
Finesse Cleaners is a well-established dry cleaning business serving the Selden, NY community since 1977. This 47-year-old operation has built a loyal customer base through decades of reliable service...
$189,000
Dry Cleaners For Sale in New York
Market Info
Finesse Cleaners
5
35 Year Establish Dry Cleaner Plant For Sale
Queens, NY
This fully equipped dry cleaning, tailoring, and shirt laundry business has proudly served the community for over 35 years, with the current owner managing operations since day one. Known for its...
6
$395,000
Cash Flow: $175,000
Profitable Dry Cleaning Business for Sale
Westchester County, NY
LISTING ID # 35247 This well established dry cleaning business has been proudly serving the community for over 22 years in Westchester County, New York. It is located in a busy shopping center with...
$390,000
Cash Flow: $150,000
Cleaners & Tailors Business For Sale With Loyal Clientele
Bedford Hills, NY
An excellent opportunity to own a well-established cleaning and tailoring business in the heart of Bedford Hills, NY. Perfectly situated in a beautiful and convenient location, this business has been...
6
$100,000
Established Dry Cleaner with Plant - Syracuse, NY
REAL ESTATE INCLUDED
Onondaga County, NY
This is a well-established dry cleaning business with good cash flow, a loyal customer base, and consistent recurring revenue. Located on on a high traffic road. This is the only dry cleaner in town...
$1,250,000
Cash Flow: $170,000
Charming Mom & Pop Dry Cleaner in High-Income Neighborhood For Sale
Nassau County, NY
$105,000
Dual Location Laundry Business With Hotel Accounts
Bronx, NY
$1,800,000
Newly Renovated Dry Cleaning and Wash & Fold Business for sale
Brooklyn, NY
$620,000
Profitable Dry Cleaning Business in New York
Nassau County, NY
$205,000
Est. 38 Years - South Shore Dry Cleaners Grossing $220K Net $117K
Suffolk County, NY
$185,000
FranchiseHouseMaster
Available Nationwide
$25,000
Well Established Dry Cleaners, Tailor, Shoe Repair - Full Staff
Deer Park, NY
$440,000
Established Cleaners with Great Reputation in Astoria, NY
Astoria, NY
$195,000
Established Dry Cleaning Drop Store Corona, NY
Corona, NY
$75,000
Established Dry Cleaners for Sale in New York
Westchester County, NY
$150,000
Profitable Dry Cleaners for Sale in New York
Suffolk County, NY
$389,000
Gil Tatarsky
First Choice Business Broker Hudson Valley
Serving Ulster County, NY
Established in 1994, First Choice Business Brokers has grown to become one of the largest organizations in the U.S. specializing in business sales. We have listed and managed the sale of thousands of businesses with deal value of over $ billion. Buyers and sellers alike can enjoy the accessibility and expertise of a national network of professional business brokers and the largest inventory of businesses available for sale and buyer network to make a deal. We have the experience, knowledge, and dedication you’re looking for when it comes to professional representation. Our knowledgeable professionals bring value to every transaction creating a near seamless transition of ownership between buyer and seller. Sellers - If your goal is to sell an existing business in the Hudson Valley NY area then First Choice Business Brokers is the only choice for you. From guidance in preparing your business for sale, expert market valuation with proven methods to a smooth transition of ownership to a buyer we will be with you every step of the way. As experienced business brokers, we know you've worked hard to achieve success. That's why you deserve experienced, licensed professionals who specialize in business sales – you need First Choice Business Brokers. We are large enough to offer Buyers the greatest selection of available businesses for sale, yet small enough to give Sellers individual attention. Buyers - If you are looking to purchase an existing business, we will walk you through the entire buying process and be with you every step of the way. From searching for the perfect business to a smooth transition of ownership from the seller to you, we go the extra mile for our clients which has earned us the much deserved reputation of unsurpassed service and professionalism with a personal touch. And with the largest national list of exclusive businesses for sale, we are confident we can help you find the business you're looking for. All First Choice Business Brokers have completed extensive training through FCU (First Choice University) and attend on-going continuing education making our Business Broker Professional among the most highly trained experts in the field of business evaluation, business sales, business marketing and buy/sell negotiations to satisfy both buyers and sellers alike. This is just one reason why we're The World’s Authority in Business Sales.
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Established dry cleaners with Great Reputation
Forest Hills, NY
$110,000
High profitable dry cleaner for sale at Nassau county
Nassau County, NY
$400,000
Very Profitable Wholesale Dry Cleaner for Sale
Flushing, NY
$495,000
Establishiec Dry Cleaner for Sale
Great Neck, NY
$395,000
Profitable Dry Cleaner On Busy Corner In Affluent Queens Neighborhood
Queens, NY
$395,000
FranchiseSystem4
Available in New York
$75,000
Profitable Dry Cleaning And Tailoring Business For Sale
Suffolk County, NY
$300,000
15 Year Established Dry Cleaner In Nassau County For Sale
Nassau County, NY
$270,000
Fully Equipped ,profitable and Long Established Dry Cleaner in RICH
Levittown, NY
$250,000
Personal Dry Cleaning Service
Saratoga County, NY
$250,000
Charming Mom & Pop Dry Cleaner In High-Income Neighborhood For Sale
Merrick, NY
$130,000
35 Year Established Dry Cleaner For Sale
Suffolk County, NY
$424,999
Well Established Dry Cleaning Plant And Drop Store For Sale
Suffolk County, NY
$695,000
Dry Cleaner with Significant Additional Income Potential
New City, NY
$400,000
Well managed and profitable Laundromat for Sale
Astoria, NY
$1,300,000
42 Year Established Dry Cleaner For Sale
Brooklyn, NY
$160,000
FranchiseBest Option Restoration
Available in New York
$50,000
QUICK SALE needed Laundromat with 20 Washers and 18 Dryers Queens, NY
Jamaica, NY
$265,000
Dry cleaners for sale in Kings County, NY
Kings County, NY
$1,300,000
Dry Cleaning Drop Store For Sale - Lower Dutchess County
Dutchess County, NY
$175,000
Potential! Potential! Laundromat in Strip mall Dutchess County, NY
Poughkeepsie, NY
$150,000
Buy or Sell a Dry Cleaning Business in New York
Dry cleaners are a core business in any community. They treat our most expensive clothes and fabrics and are a regular stop for most people. As a business, owners enjoy relatively stable income, but there are fairly high up-front capital requirements. The expense of the initial set-up makes buying and selling established dry cleaning businesses popular.
If you are looking to buy or sell a dry cleaner business in New York, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide some benchmarks on valuation and financial performance of dry cleaning businesses in the state. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
35 |
|
Median Asking Price |
$194,500 |
|
Median Reported Revenue |
$340,000 |
|
Median Reported Earnings |
$116,734 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
New York Dry Cleaner Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.43 |
1.19 |
|
Median |
0.64 |
2.00 |
|
Upper Quartile |
0.89 |
2.85 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Dry Cleaning Business Valuation Metrics and Financial Benchmarks
FAQs
How much does it cost to buy a dry cleaning business in New York?
The median asking price for a dry cleaning business in New York is approximately $194,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do dry cleaner owners earn?
On average, dry cleaner owners in New York report median annual sales of $340,000 and annual owner earnings of $116,734. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a dry cleaning business?
Valuing a dry cleaning business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. In New York, dry cleaner revenue/sales multiples range from 0.43 to 0.89, with the median at 0.64. Earnings multiples range from 1.19 to 2.85, with the median at 2.00. These values suggest a typical New York dry cleaning business will sell for around 0.64 times its annual revenue, and 2.00 times its annual owner’s earnings.
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