Well Established Dry Cleaning Business For Sale
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HS Listing ID-70771
Well-established dry cleaning operation located in Suffolk County, NY.
The business operates from a 2,800 sq ft facility in a busy shopping plaza and has been serving the local community for many years. 14 Years Remaining on Lease.
Rent is $5,934 per month.
The operation is currently run by a husband and wife team with two employees and generates strong and consistent cash flow.
Why This Multiple Is Attractive
A 2.6x earnings multiple is considered highly competitive for an owner-operator service business of this profile. Key factors supporting the valuation include:
Strong and consistent annual cash flow
Long-term 14-year lease already secured
Established local customer base with repeat business
Turnkey operation requiring minimal transition time
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
Well-established dry cleaning operation located in Suffolk County, NY.
The business operates from a 2,800 sq ft facility in a busy shopping plaza and has been serving the local community for many years. 14 Years Remaining on Lease.
Rent is $5,934 per month.
The operation is currently run by a husband and wife team with two employees and generates strong and consistent cash flow.
Why This Multiple Is Attractive
A 2.6x earnings multiple is considered highly competitive for an owner-operator service business of this profile. Key factors supporting the valuation include:
Strong and consistent annual cash flow
Long-term 14-year lease already secured
Established local customer base with repeat business
Turnkey operation requiring minimal transition time
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,800
- Rent
- $5,934.00 per month
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- Yes.
Listing Info
- ID
- 2497172
- Listing Views
Listing ID: 2497172 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleNew York Businesses for SaleNew York Personal Product & Service Businesses for SaleNew York Dry-Cleaning & Laundry Businesses for Sale
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