Asking Price: $460,500 Gross Revenue: $426,039Cash Flow: $92,912 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $58,700 included in asking priceReal Estate: $172,500 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.
This commercial kitchen equipment cleaning business for sale in Eastern Iowa services more than 600 customers including restaurants, schools, fast-food chains, convenience stores, and more. Nearly all of the revenue in this business is recurring, as these customers require kitchen cleaning services on a regular basis. The business provides all the required documentation to customers for submission to insurance companies and for display to inspectors. Employees of this business are well-trained and technicians are certified to industry standards. The business has a strong brand reputation for reliability, compliance, and customer service throughout its large market area.
About the Business
Number of Employees:
Building Sq. Ft.:
This business operates out of a 2,400 square foot space with a small office and 2 bays with overhead doors that can fit four vehicles. The building has additional bays that could be purchased if the business continues to grow.
Growth & Expansion:
There is significant growth opportunity for this business since there are thousands of commercial kitchens in the area and limited competition. Additionally, many of the metro areas in Iowa are implementing stricter code compliance and increasing the equipment cleaning frequency requirements.
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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