Asking Price: $50,000 Gross Revenue: $120,000Cash Flow: $42,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: Not Disclosed 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 dry cleaner is located in Mint Hill Pavilion which is an 80,275 square foot shopping center in the Brighton Park neighborhood with Alteration and Pick Up station! With connectivity to both Highway 51 and Lawyers Road, this prime location is uniquely positioned to take advantage of the two heaviest traveled corridors in the Mint Hill market, as well as it's explosive residential growth. The traffic counts are 14,000 AADT on Matthews-Mint Hill Road and 12,000 AADT on Lawyers Road. Well-known business in town and Lots of potential to grow! Bring Offer!
*Approximated Net income indicated here is only when you run the business yourself not hiring employees.
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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