Asking Price: $87,500 Gross Revenue: $142,800Cash Flow: Not DisclosedEBITDA: 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.
This is a great opportunity to own a coin laundry in a suburb of northern Wayne County. The business is situated in a stand alone building on a main road near high density businesses and many apartments and homes. Owner does no advertising or marketing to local businesses or apartment complexes in the area. The laundry has contracts with a local major hotel and several businesses in the area. The laundry offers a wash and fold drop off business along with a dry cleaning service which is contracted out to a nearby Dry Cleaners. The laundry has 5 new Hucbsch washers and 5 NEW dryers and a mixed age of Speed Queen, Ipso, Milners and Wascomat equipment (Spent $35,000 last 6 months) The owner is very motivated and wants the business sold FAST. Call Merrick Blumenthal or visit online.
About the Business
Number of Employees:
1 Full, 1 Part
Located in a stand alone building with a great lease of $2,500 on a highly traveled road in northwestern Wayne County
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.