Asking Price: $119,000 Gross Revenue: $104,422Cash Flow: $21,702 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
28 years Old of Total 2,160 S/F Laundromat with 25 Washer(New/less than 5 years old) and 36 dryers an 20 Years Lease with Reasonable Rent and large parking lot at very Busy Strip Mall at High Traffic Street Near Large University in Busy town..Absentee Owner Management and Turnkey Operation.There is Great Potential for Increasing Business through More owner attendance and Wash and Folder Service and Commercial account and Aggressive Internet Marketing.Automatic Door Lock and light timers and 6 Security Cameras.New Hot Water Tank.All data and numbers are verifiable and transparent.Please call for more details or send email and text message for more details at 203-550-3014...
About the Business
Number of Employees:
25 Washer,36 Dryers,6 Security Cameras,Automatic Door Lock System,Timers,T.V,Coin Exchange System,Folding Tale , Hot Water Tank and More
2,160 S/F Laundromat with 25 W/36 D with 20 Years Lease/Reasonable Ren
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.