Personal Services (Salons, Laundry)Queens County, New York2 mo ago

Dry Cleaning and Tailoring Business

Sourced from public listings. Figures as listed, unverified.

Dry Cleaning and Tailoring Business is a personal services (salons, laundry) business for sale in Queens County, New York. Listed at $500K, with approximately $230K in annual cash flow on $435K in revenue, about a 2.17× multiple. Seller will train new owner. Established in 2010.

Asking price
$500K
Cash flow (SDE/EBITDA)
$230K
Multiple
2.17×
Revenue
$435K

Why this business stands out

  • Seller will train new owner
  • Established in 2010
  • Three physical store locations
  • Offers full-service dry cleaning
  • Includes custom tailoring and alterations
  • Not relocatable
  • Leased property

Financing snapshot

An illustrative SBA 7(a) scenario at 10% down over 10 years. Model your own terms in the SBA loan calculator.

Asking price$500,000
Est. down payment (10%)$50,000
Est. SBA loan$450,000
Est. monthly payment$6,327
Owner cash flow after debt$154,078
Debt service coverageStrong coverage3.03x

Illustrative only, not a financing offer. Actual terms vary by lender and deal. Check coverage in the DSCR calculator.

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Frequently asked questions

How much does this personal services (salons, laundry) business cost?

The asking price is $500K. Exact terms and any seller financing are confirmed with the seller after you create a free Clef account.

What is the cash flow and valuation multiple?

This business reports approximately $230K in annual cash flow (SDE/EBITDA), a 2.17× multiple on the asking price.

Where is this business located?

It operates in Queens County, New York. Full location and source details are shown once you create a free Clef account.

Can this acquisition be financed with an SBA loan?

Businesses in this range typically qualify for SBA 7(a) financing covering up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.

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Dry Cleaning and Tailoring Business for Sale in New York · Clef