Queens Dry Cleaner - $500K SDE Garment Care

$1.0M

Revenue

$500K

SDE

1.7x

Multiple

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Full Editorial Writeup

HS Listing ID-71393 Highly profitable dry cleaning business located in Queens, NY generating over $1,000,000 in annual gross sales with approximately $500,000 in seller’s discretionary earnings. This... Businesses Franchises Brokers Loading... Highly Profitable Dry Cleaning Business | Queens, NY | $500K SDE Queens, NY (Queens County) Asking Price:$850,000 Cash Flow (SDE):$500,000 EBITDA:Not Disclosed Gross Revenue:$1,000,000 Established:Not Disclosed Highly Profitable Dry Cleaning Business | Queens, NY | $500K SDE Business Description HS Listing ID-71393 Highly profitable dry cleaning business located in Queens, NY generating over $1,000,000 in annual gross sales with approximately $500,000 in seller’s discretionary earnings. This well-established operation has built a strong reputation within the community and benefits from a loyal repeat customer base, consistent revenue, and healthy profit margins. The business offers dry cleaning, tailoring, alterations, wash & fold, and related garment care services. The operation is fully staffed and positioned for continued growth through expanded marketing, pickup & delivery services, and additional commercial accounts. Key Highlights: Over $1M annual gross revenue Approximately $500K SDE Highly profitable operation Established and reputable business Loyal repeat customer base Prime Queens location Strong cash flow and margins Rent: $9,500/month A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION Ad#:2512070 Detailed Information Support & Training: Yes. Reason for Selling: Other business interests. Business Location Location: Queens, NY Real Estate: Leased Rent: $9,500.00 Demographic Information for Queens Area Household Income Population Age Population Trend Population by Race/Ethnicity BizBuySell EDGE Financial Benchmarks for New York Dry Cleaners Gross Revenue Benchmarks Cash Flow (SDE) Benchmarks EBITDA Benchmarks BizBuySell EDGE Listing Statistics Saved This Listing Listing Last Updated Appeared in Search Listing Detail Views BizBuySell EDGE Know the True Market Value Before You Make an Offer Get valuation data to negotiate with confidence. Get a Valuation Report Business Listed By: John Park Hedgestone Business Advisors View My Listings Phone Number 877-735-8144 Voice only (no SMS) Sponsoring Broker: Hedgestone Business Advisors Ad#:2512070 The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Read BizBuySell's Terms of Use before responding to any ad. Learn how to avoid scams. Contact Form Full Name* Enter a valid Full Name Phone Number Enter Phone Number Email Address* Enter Email Address Optional Message Yes, send me the Buyer Newsletter for popular businesses, tips, & email promotions. Optional: Check if you want to use IRA/401k funds ($75K+) to buy a biz - Guidant will call Send Message By clicking the button, you agree to BizBuySell’s Terms of Use and Privacy Notice Business Listed By: John Park Hedgestone Business Advisors View My Listings Phone Number 877-735-8144 Voice only (no SMS) Sponsoring Broker: Hedgestone Business Advisors Your request has been sent. What Happens Next? is reviewing your details. A representative will reach out soon to discuss your options. 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Report an issue with this listing Similar Listings Dry Cleaners for Sale All Businesses for Sale in Queens County All Businesses for Sale in Queens, NY Profitable Landscaping Business Grossing 1M+ Residential/Commercial Suffolk County, NY Asking: $1,600,000 Dry cleaners for sale in Kings County, NY Kings County, NY Asking: $1,300,000 Pepsi Route For Sale - Brooklyn, NY Brooklyn, NY Asking: $1,320,000 KEYRENTER PROPERTY MANAGEMENT Franchise Opportunity In NY Cash Required: $100,000 ©2026 CoStar Group Send Message Listing Shared via Email Buy a Business Search for a Business Established Businesses Asset Sales How to Buy a Business Buy a Franchise Search Franchises For Sale Low Cost Franchises Restaurant and Food Franchises Business Opportunities Retail Franchises Sell a Business Sell a Business on BizBuySell Sell Multiple Businesses How to Sell a Business Value a Business Find a Broker Tools & Advice Learning Center Finance Center Market Insights Business for Sale Blog Business Brokers Find a Broker For Brokers My BizBuySell Dashboard My Business Selling My Listings Guide to Selling Add a New Listing Searching My Saved Listings My Saved Searches Franchise Recommendations BizBuySell Edge Edge Preferences Recommendations Location Insights BizBuySell Edge Edge Preferences Recommendations Location Insights Research Guide to Buying Valuation Reports Message Center My Mailbox My Inquiries Email Preferences Export Leads Account Account Settings My Billing Info BrokerWorks My BizBuySell Dashboard Leads Billing My Saved Listings My Saved Searches Account Sign Out Sign In a6301374279843840.cdn.optimizely.com a6301374279843840.cdn.optimizely.com is blocked This page has been blocked by an extension Try disabling your extensions. 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Why we like it

Earnings quality is the standout. A 50 percent SDE margin on $1M revenue is roughly double the typical dry cleaner benchmark, which means either operational discipline or favorable service mix toward high-margin tailoring and alterations. That margin must be stress-tested but if real, it throws off $500K against an $850K ask.
The 1.7x SDE multiple is well below the 2.5x to 3.5x typical for staffed service businesses with this cash flow. Even after a normal working capital and capex reserve, the payback period on equity is short, and there is real downside protection if revenue softens because the entry price is already conservative.
Garment care is genuinely recession-resilient. People still need work clothes cleaned, suits altered, and uniforms maintained through downturns, and a loyal repeat base in a dense Queens market provides predictable recurring volume that does not evaporate when discretionary spending tightens.
The growth levers are real and unexploited. Pickup and delivery plus commercial accounts (restaurants, medical offices, hotels) are the highest-margin expansion paths in this category, and the listing explicitly notes they have not been pushed. An operator with basic route logistics and B2B sales can layer revenue onto an already-staffed plant.

How to improve it

Launch a pickup and delivery service within 90 days using existing staff and a single route vehicle. This converts a fixed-location business into one that can capture customers across a wider radius without adding a second plant, and it raises average ticket because convenience buyers are less price-sensitive.
Pursue commercial garment accounts aggressively. Target nearby restaurants, salons, medical and dental offices, and small hotels for recurring uniform and linen contracts, which smooth revenue and reduce dependence on walk-in retail traffic.
Audit and optimize the service mix toward tailoring and alterations. These are the highest-margin lines in any cleaner, and a small price and capacity reallocation toward custom work can lift the blended margin while using the same labor base.
Build a simple loyalty and reactivation program. Most cleaners run zero CRM, so even basic text reminders, prepaid cleaning credits, and lapsed-customer win-back offers can lift repeat frequency and lifetime value with near-zero incremental cost.
Negotiate or extend the lease before close. At $9,500 a month, the lease is the largest controllable cost and the biggest valuation risk; lock in a long-term, assignable lease with capped escalators to protect the SDE base and make the business financeable.
Implement modern POS and online ordering. Card-on-file billing, scheduled pickups, and digital receipts reduce friction, capture data for marketing, and professionalize the customer experience in a category where most competitors still run on paper tickets.
Document standard operating procedures and cross-train staff. Reducing key-person risk on the plant floor protects continuity and makes a future second-location roll-up or a clean exit far more achievable.

Diligence notes

Verify the $500K SDE with three years of tax returns and a full add-back schedule. A 50 percent margin is far above category norms, so confirm what is being added back to the owner, whether the owner currently works in the business, and whether replacement labor or management cost has been accounted for.
Scrutinize the lease in detail. With rent at $9,500 per month and real estate not included, confirm the remaining term, renewal options, escalation clauses, assignability, and whether the location is genuinely prime; a short or non-transferable lease materially undermines the valuation.
Inspect the plant equipment and environmental exposure. Dry cleaning machines, boilers, and the historical use of perc or hydrocarbon solvents carry replacement capex and potential environmental liability; get an equipment age and condition report and confirm compliance with NY environmental regulations.
Validate the customer base and revenue mix. Quantify the split between walk-in retail, alterations, wash and fold, and any commercial accounts, and confirm concentration; understand how much revenue depends on the current location's foot traffic versus genuinely loyal repeat customers.
Confirm the real reason for sale and staffing stability. The seller cites "other business interests," so verify there is no looming competition, lease problem, or staff departure, and confirm the fully-staffed claim with payroll records and tenure of key plant employees.

Source

Originally listed on BizBuySell. View original listing →