Asking Price: $929,000 Gross Revenue: Not DisclosedCash Flow: $140,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed included in asking priceShare 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.
Choice Car Wash was established in 2007 on the corner of 6th street and Jackpine Avenue on the Business Section of Highway 97 in Redmond. The owners installed new mechanical equipment in 2012 and the business has shown consistent growth in recent years. Operations consist of 2 Self Service Automatic Drive Throughs, 1 touch-less and 1 soft-touch, 3 vacuum stations and one part time employee. The sale of the business includes a lease and a sublease, with 14 years remaining for the car wash and coffee shop. There is also two 5 year extensions at the end of the original lease ending in 2032. Copies of the leases and financial statements are available with a signed NDA. Don’t miss this great opportunity for consistent income!
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