Dry Cleaning Business for Sale in New York, NY
Why this business stands out
This two-location dry cleaning operation — a full plant and a drop store — has served its Long Island community for over 15 years with an efficient, fully staffed team capable of running the business on an absentee basis. Both locations are situated in strip mall settings with ample parking, a new POS system, and well-maintained equipment. The combination of two complementary locations, long community tenure, and absentee-compatible operations offers an attractive lifestyle or passive investment acquisition.
Financing snapshot
An illustrative SBA 7(a) scenario based on the figures above. Model your own assumptions in the SBA loan calculator.
- Asking price
- $695,000
- Cash flow (SDE/EBITDA)
- $240,000
- Est. down payment (10%)
- $69,500
- Est. SBA loan (10yr @ 10.5%)
- $625,500
- Est. monthly payment
- $8,440
- Annual debt service
- $101,282
- Owner cash flow after debt
- $138,718
Illustrative only — not a financing offer. Assumes a 10% down payment and a 10-year SBA 7(a) loan at 10.5%. Actual terms vary by lender, deal structure, and buyer profile.
The DSCR shown is computed on raw cash flow — before the owner-salary, maintenance-capex, and rent adjustments SBA lenders apply when underwriting. Model the lender's view in the DSCR calculator.
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Frequently asked questions
How much does this personal services business cost?
The asking price is $695,000. Exact terms and any seller financing are confirmed directly with the seller after you sign up.
What is the cash flow and valuation multiple?
This business reports approximately $240,000 in annual cash flow (SDE/EBITDA), implying a 2.9x multiple on the asking price.
Where is this personal services business located?
It operates in the New York-Newark-Jersey City area. The exact city is shown after you create a free Searcher OS account.
Can this acquisition be financed with an SBA loan?
Many businesses in this price range qualify for SBA 7(a) financing, which can cover up to 90% of the purchase price over a 10-year term. See the financing snapshot above for an illustrative scenario.