Asking Price: $275,000 Gross Revenue: $240,000Cash Flow: $100,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 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.
Drop off ORGANIC dry cleaner and drop off laundry. Also alterations in hi density affluent Queens neighborhood. Order online for same day free pick up and delivery 24/7. Residential and commercial accounts. Hi quality with great social media.Expert alterations, drapes,fine linens, bridal,vintage, leather, furs, area rugs, tapestry,uniforms etc. All services are farmed out with high margins.Only alterations are done on site. Not open Saturday but should be open in this busy neighborhood on main road. Fully integrated website and proprietary software. Currently run absentee but business profile assumes owner operator and recapture of $40k of one managers salary. Contact Joseph Stansky for more details.
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or stake in the sale of this business and has not verified any of the information
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