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
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
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...
$100,000
Nassau County, NY
LISTING ID # 36146 Established for 10 years, our bustling dry cleaning business boasts a prime location amidst residential and commercial hubs, ensuring a steady stream of foot traffic. Equipped with...
$205,000
Cash Flow: $150,000
Suffolk County, NY
LISTING ID # 36519 FOR SALE: Profitable, Family-Owned Dry Cleaners | Asking Price: $425,000 | $275K Down, $150K Financed Over 4 Years at 8% A rare opportunity to own a 38-year-old, family-owned dry...
$425,000
Cash Flow: $140,000
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...
$395,000
Cash Flow: $175,000
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
Steuben County, NY
This established and award-winning full-service dry cleaner and laundry service business has outlasted several competitors. They have a dedicated team who provide EXTREME customer service. Their...
$199,000
Cash Flow: $61,000
Harrison, NY
$350,000
Nassau County, NY
$105,000
Nassau County, NY
$400,000
Available Nationwide
$40,000
Flushing, NY
$495,000
Great Neck, NY
$395,000
Queens, NY
$395,000
Suffolk County, NY
$70,000
Suffolk County, NY
$150,000
Bilal Khaliq,CBB.
Empire Global Business Brokers
Serving Nassau County, NY
Join Our Empire Conglomerate of Companies. At Empire GLOBAL Business Brokers you will work and serve people & organizations from multiple industries & walks of life. Advantages of owning an Empire Trademark Licensed office is rewarding & unprecedented in the short history of the business brokerage industry. Working with Bankers , financial professionals , Attorneys , Franchisor , Commercial loan brokers & different high level executives make for an honorable successful career & Business Brokerage practice. Other advantages of becoming a Empire trademark licensed office is our ability to provide multiple outlets & strategies to our business owners like Franchise development through our triangle company Empire Business Advisory Global & the immediate selling of our Franchisors units after their development & Franchise Ambassadors the Franchise sales leader for minorities will sell the franchised units. The Cost to open your Empire Trademark Licensed Office is only $15.000.00 with company financing available. You will need approximately $5000.00 for working capital , between $1500.00 to $3000;00 for furniture & equipment for office & $1000.00 for travel to IL Headquarters for training if out of State, for a total of $21500.00 to $23000.00 cost. Here's some of the things that will be covered in training. Appraising the real fair market value of a business or franchise resale for hundreds of thousands of different kinds of businesses & franchise systems. Establishing the real world price of the business or franchise resale. Strategies & techniques of selling a business or franchise using our proprietary unique system & triangle approach with 3 companies to selling businesses and Franchises Hiring & training a salesperson. Widening our network of listings Understanding & using the correct agreements & contracts. Using our 3 company triangle approach to national marketing. The psychology of a Unique Empire Trademark licensed business broker. Using our unique 27 profit centers to bridge the sometimes lengthy time it can take to close big deals. We want to take this opportunity to thank you for reading about our business brokerage opportunity. Our social So, if you’re ready to avail the services of the finest business brokers the US, get in touch with us today! Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com Contact with us (708) 969-1104 (708) 390-0663 empiregbb@gmail.com
New City, NY
$100,000
Brooklyn, NY
$169,000
Kings County, NY
$620,000
Suffolk County, NY
$185,000
Suffolk County, NY
$185,000
Available in New York
$50,000
Suffolk County, NY
$440,000
Suffolk County, NY
$300,000
Nassau County, NY
$270,000
Ossining, NY
$275,000
Levittown, NY
$250,000
Saratoga County, NY
$250,000
Merrick, NY
$130,000
Suffolk County, NY
$424,999
Suffolk County, NY
$695,000
New City, NY
$400,000
Available in New York
$150,000
Astoria, NY
$1,500,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Kings County, NY
$1,300,000
Dutchess County, NY
$175,000
Available Nationwide
$50,000
Suffolk County, NY
$120,000
Poughkeepsie, NY
$180,000
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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