Asking Price: $125,000 Gross Revenue: $136,821Cash Flow: $63,871 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $11,660 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.
Well established drop off/pick up dry cleaners since 1988. This establishment also does alterations. You can run this establishment successfully by yourself or it can be a great opportunity for you to be an absentee owner. Very loyal and consistent client base. Very visible location and is located on a busy road in the area. Additional space for expansion (which is currently not being used). You can possibly add coin operated laundry machines for additional income with a separate entrance. The conveyor rack has a 32,000-piece capacity. The owner is looking to retire and will train new buyer. For more information, please contact listing agent: William Griswold at 804-721-4960 or firstname.lastname@example.org
About the Business
Building Sq. Ft.:
$2,722.95 Per Month
This is a leased location of 2,017 square feet with a Total Rent of $2722.14. Lease ends 04/2020 with a one 5 year lease option. Seller is active in the business. Hours of operation are 7 AM - 6 PM, M-F, 8:15 AM - 4 PM Sat . $11,660 in FF&E included in Asking Price.
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.