26+ Yrs Reputable Significant Income Dry Cleaners - Business for Sale

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Dry Cleaning and Laundry Business in Westchester County, NY

NY, US
Added 2 months ago
Dry Cleaning and Laundry Services
26 years in business
Under Contract

Two-location dry cleaning and laundry business offering organic dry cleaning, wash & fold, tailoring, shoe repair, and rug cleaning services in Southwestern Westchester County, NY.

Key Information

Asking

$750K

Revenue

$1.0M

Earnings

$290K

Multiple

2.6x

Key Highlights

  • Business operates two locations in Southwestern Westchester County, NY.
  • 26+ years in operation.
  • Total yearly expenses are $730,000.
  • Five full-time employees.
  • Location #1: 1,400 sq ft, $4,000/month rent, new five-year lease.
  • Location #2: 1,900 sq ft, $6,000/month rent, new ten-year lease with option to renew; building not included in sale.
  • Seller willing to finance 10% of sales price.
  • Sale is pending (offer accepted).

Contact Info

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