New York, NY
Established dry cleaner in a prime Upper East Side location with steady, recurring revenue and a long-standing loyal customer base. The business offers strong walk-in traffic, consistent weekly cash...
$400,000
Cash Flow: $123,000

New York, NY
Established dry cleaner in a prime Upper East Side location with steady, recurring revenue and a long-standing loyal customer base. The business offers strong walk-in traffic, consistent weekly cash...
$400,000
Cash Flow: $123,000

Westchester County, NY
LISTING ID # 37188 This long-established dry cleaner has been serving the community of Westchester County, New York for over 38 years. The owners are ready to retire, creating a great opportunity for...
$79,000
Cash Flow: $55,000

New York, NY
Established Laundromat - Prime New York Investment Opportunity This successful laundromat operation offers an attractive investment in New York's essential services sector. Established in 2016, the...
$485,000

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...
$565,000
Cash Flow: $175,000
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
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
Suffolk County, NY
$550,000
Suffolk County, NY
$185,000
Suffolk County, NY
$150,000
Suffolk County, NY
$150,000
Available in New York
$65,000
Bronx, NY
$1,800,000
Brooklyn, NY
$620,000
Westchester County, NY
$390,000
Nassau County, NY
$205,000
Suffolk County, NY
$185,000
Jay M. Inbar, Certified Mergers&Acquisition Pro
Inbar Group Inc - Business Brokers and M&A
Serving New York County, NY
Inbar Group, Inc. is a leading business brokerage and M&A services firm. For over 25 years, we have been dedicated to assisting our clients buy and sell privately held companies. We are a recognized leader in the comprehensive marketing and sales of privately held businesses across multiple industry categories. Inbar Group’s professional business brokers work closely with business owners and private equity firms facilitating the marketing and sales of companies with revenue ranging from $500,000 to $250,000,000 in industries ranging from services, healthcare and retail to wholesale and manufacturing. A winner of the “Best of Small Business Awards” presented by Small Business Expo, we are passionate about the success of all of our clients. Our East Coast Offices, Working throughout the United States, Inbar Group maintains a special focus on New York, New Jersey, Connecticut, Pennsylvania, Vermont, Rhode Island, Maine and New Hampshire. Whether you are seeking business brokers in Philadelphia, PA, a NYC business broker, CT business broker, or business broker in Rhode Island, Inbar Group can put you in touch with an experienced professional who specializes in your region. We are ready to take an assignment anywhere in the USA. Our reputation for our commitment to our clients and our no upfront cost approach consistently attracts serious buyers and sellers. We recognize that our clients have unique needs, and that is why we take a custom approach to suit each buyer or seller’s specific goals. Always results-driven, Inbar Group uses our decades of expertise to advise business owners how to achieve maximum value. Thanks to our proprietary marketing and vetting process, we are able to consistently match our clients with buyers. Inbar Group works with serious, vetted buyers including private equity groups. Our success is 100% based upon your success, as we use a commission model. If you are looking to sell your business, please click here to fill out our intake form. Or contact us at info@inbargroup.com for a confidential consultation. Buyers will find that our team of proven brokers have access to an extensive network of businesses for sale. We also hold relationships with SBA leaders who can provide financial assistance to small businesses. When you choose to work with Inbar Group, we bring our professionalism, integrity and transparency to the business brokerage industry, as we work closely with you through the negotiation and acquisition process. Click here to get the process started. The Inbar Group would be pleased to provide you with a free and confidential valuation opinion, facilitate private placements and help design and implement business strategies for private companies. Due to our domestic and international insight we assistant companies in a range of ways including charting successful journeys for new product lines, exit strategies, new markets, alliances and mergers both nationally and internationally. Contact us today to learn how Inbar Group can assist you.
Deer Park, NY
$440,000
Suffolk County, NY
$389,000
Forest Hills, NY
$110,000
Nassau County, NY
$400,000
Flushing, NY
$495,000
Available Nationwide
$35,000
Great Neck, NY
$395,000
Queens, NY
$395,000
Suffolk County, NY
$300,000
Nassau County, NY
$270,000
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
$110,000
Astoria, NY
$1,300,000
Brooklyn, NY
$160,000
Jamaica, NY
$265,000
Kings County, NY
$1,300,000
Dutchess County, NY
$175,000
Available Nationwide
$50,000
Poughkeepsie, NY
$150,000
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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