Profitable Manhattan Dry Cleaners With Onsite Washers/Dryers - Business for Sale
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Manhattan Dry Cleaning Business with On-Site Laundry
New York, NY, US
Added 6 months ago
Personal Product & Service, Retail Stores
26 years in business
RemoteAbsentee / Semi-Absentee
Established dry cleaning business in Midtown Manhattan with on-site washing and drying, operating for over 24 years and managed by staff with minimal owner involvement.
Key Information
Asking
$495K
Revenue
$750K
Earnings
$300K
Multiple
1.6x
Key Highlights
- Located in Midtown Manhattan, NY
- 26 years in operation
- 1,600 sq ft retail space with 6 commercial washers and dryers
- 13 full-time and 4 part-time employees (including 1 driver)
- Monthly rent: $11,000; lease through June 2033
- Owner-absent operation; staff manages daily operations
- FF&E value: $80,000; inventory: $15,000 (included)
- Seller financing available with minimum 50% down payment
- Owner relocating as reason for sale
Contact Info
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