30-Year Established Dry Cleaner Full On-Site Plant For Sale - Business for Sale
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Established Dry Cleaner with On-Site Plant in Nassau County, NY
NY, US
Added today
Dry Cleaning and Alterations Service
Retiring Owner
This business is a 30-year established dry cleaner with a full on-site plant located in Nassau County, NY, offering in-house wet cleaning, alterations, and serving a high-income trade area.
Key Information
Asking
$375K
Revenue
$380K
Earnings
$149K
Multiple
2.5x
Key Highlights
- Business has operated for over 30 years in the same location
- Full on-site plant with all garment cleaning performed in-house on owned equipment
- Plant operates a wet cleaning system with no perchloroethylene (no perc)
- Alterations are performed in-house with on-site sewing machines
- New five-year lease signed in March 2021 with 3% annual escalation and $100 monthly common charge
- Modern POS system installed in February 2024 with full reporting visibility
- Business structured for part-time ownership; owner presence recommended at three days per week
- Skilled staff in place including presser, spotter, counter staff, and tailor
- Pickup and delivery service is not currently offered
- Reason for sale is owner retirement and dissolution of a passive partnership
Contact Info
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