Asking Price: $299,000 Gross Revenue: $204,000Cash Flow: $55,000EBITDA: $55,000Inventory: $5,000 included in asking priceFF&E: $245,000 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.
A GREAT Opportunity to buy two proven coin laundromat locations in Blanco TX and Canyon Lake (Startzville), TX which are the ONLY laundromats in each town. Each location performs year around due the vicinity of Canyon Lake and Blanco River tourists and Winter Texans. Easy to run as an owner operator to boost cash-flow and investment returns. Also, the businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue. New 10yr leases will be signed for each location.
2017 cash flows of $55,000 on 299K is 18.4% ROI opportunity!
About the Business
Number of Employees:
Building Sq. Ft.:
The Blanco Location is located on HWY 281 near the town square and Dairy Queen.
The Canyon Lake (Startzville) location is located on lake main road (FM 2673) near Dollar General / Dairy Queen.
NONE!!!!!!!!!!!!! these laundromats are the only ones in each town.
Growth & Expansion:
The businesses can be expanded to include "wash, dry, fold" services and put "ATM" for added revenue.
(Contract Pending) Package - Two (2) Laundromats Locations For Sale
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the seller or a business broker representing the seller. BizQuest has no interest
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