For more information about this business, contact FNBC at (866) 800-0990.
Asking Price: $135,000 Gross Revenue: $67,148Cash Flow: $18,206 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $200 not included in asking priceFF&E: $162,150 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.
NOW AVAILABLE! The business has coin operated washers, dryers, vending machines, and detergent dispensers. They also have the equipment for in house dry cleaning, sewing machines for clothing alterations and repairs, and wash and fold repeat customers. The business comes with TVs, folding tables, carts, and everything else needed for successful laundromat. EVERY MACHINE WORKS!
Simple business model for anyone looking for extra money or to crank up sales and run full-time.
There are no other laundromats in the vicinity. There are large apartment complexes behind the Laundromat that bring repeat customers.
Growth & Expansion:
The current sellers to do not market the business and are passive owners. The store has great location with high traffic as it is located right off I35 on 75th street. A little marketing effort could go a long way! You can run the business absentee for passive income or owner operated.
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.