Asking Price: $70,000 Gross Revenue: $100,000Cash Flow: Not DisclosedEBITDA: 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.
Just spent $30,000 for upgrades and some newer equipment and entirely turn-key. Currently average monthy gross +/-$8,500. Absentee and owner spends $1000-$1500 month on payroll that active owner can reduce.
High density area situated close to 100’s of homes, apartments and businesses that need off-site laundry services. This coin-op has great street visibility and is well known within the community. Large parking lot 16 SPACES.
The business frontage has great traffic flow and is adjacent to a busy neighborhood shopping center.
38 HD dryers $.25 for 3 minutes; 2 maxi eight load washers; 4 mega four load washers; 10 triple load washers; 12 double loader washers; 12 Top loaders. Large capacity washers and dryers that accommodate comforters and bedding
2 Coin Changers; Soap Vending; Soda and Snack Vending; sink station; folding station; fluff n’ fold service area; seating. 2 T.V. monitors; Wi-fi. New ATM machine; camera system; auto-lock on front door. Bathroom has coin-operated door for added revenue and security.
+/- 2,350 sq. ft. Current lease good until October 1, 2024 with two 5 yr. options. Base rent at $3,580 plus $848.15 NNN. No increase until October 2020.
CAN RE-TOOL MACHINES FOR CARD READER SYSTEM AND BOXES AVAILABLE THAT CAN BE EASILY INSTALLED. ALSO HAS TWO MACHINES TO DISPENSE CARDS NOT CURRENTLY BEING USED.
ALONG MAIN BOULEVARD AND NEAR PALM AVE.
LARGE MILITARY COMMUNITY THAT USES FLUFF N FOLD ONLY $.99 LB. AND CAN BE INCREASED WITH MARKETING.
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