Asking Price: $80,000 Gross Revenue: $78,000Cash Flow: $30,000 (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.
Absentee coin-laundromat with studio apartment in the back for a rent or owner use. If you do wash and fold and sell soaps, you will increase the business.
Current owner spends very little time.
The three-story property is also available for $775,000.00 at 8% CAP Rate.
About the Business
Union County, New Jersey
20 dryers Four 50 lbs washers, Four 35 lbs washers, Four 30 lbs washers, Four 25 lbs washers, Six 18 lbs washers, two change machine. one TV, 5 cameras.
Absentee coin laundromat with studio APT, BUILDING for sale.
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
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