Asking Price: $175,000 Gross Revenue: $300,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $55,000 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.
Sunbelt Business Brokers of Northeast Louisiana presents this young dry cleaning business with new ownership that has the business growing at a very good pace. The new ownership acquired the business with the intention of making it a permanent part of their existing operation as branch locations. Since then, they have an additional opportunity and have elected to sell this part of their business.
One of the locations previously was the plant site for the business; the location still has the like new equipment and is in operating condition. The boiler has been condemned by the State of Louisiana, the owner has a bid of $14,000 to have the boiler replaced.
The plant location is 2450 square feet, has seventeen months left on the lease, and the lease can be renewed. The pickup location is 880 square feet and the lease is renewable. Both locations are in high traffic locations.
The business has a contract with a uniform company which nicely supplements the income. Also, there is a pickup van, which is included in the sale, that is used to serve a growing home delivery base.
The business is expected to gross at least $300,000 this year. This could easily double or more in the next twelve to eighteen months due to anticipated growth.
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.