Listing ID: 70771

Business Overview

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

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $615,000
  • Cash Flow: $250,000
  • Gross Revenue: $572,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: N/A

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:2,800
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.