HS listing ID-70771
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
