Asking Price: $300,000 Gross Revenue: $500,000Cash Flow: $160,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 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.
Here is your chance to start or own your own business. You get to be the Boss and hire others to do the work. This is a well established dry-cleaning business. The business consists of one main plant where all the actual washing and pressing is done and four pickup locations in the cities of Victorville, Hesperia, San Bernardino, and Big Bear Lake. (The Big Bear Lake location costs an additional $30,000 to the sale price). The sites operate under trade names: Saturn 1, 2, and 3 Cleaners; El Dorado Cleaners and Big Bear Cleaners. All stores are located in a busy shopping strip with plenty of traffic. The business brings in about half a million dollars in annual revenue. All equipments are compliant with regulatory codes. Come visit for yourself and you'll definitely make an offer.
About the Business
Number of Employees:
All dry cleaning equipment and delivery van are included in the sale
Saturn/El Dorado/Big Bear Cleaners are dominant in the market areas.
Growth & Expansion:
There is plenty of opportunity to expand in adjoining areas.
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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