A very well established Dry Cleaning Drop off Center located in a busy shopping center along one of the busiest highways in Manassas, VA. The current owner has a long term working relationship with a Cleaning Plant which would continue for the new owner. The business has an great reputation, and many repeat customers. The business has plenty of room for growth and expansion.
About the Business
Number of Employees:
Building Sq. Ft.:
1,200 Square Feet, with total current rent of $3,600 per month, and a lease term of 2 years remaining, and One 5 Year Option.
Standard Dry Cleaning competition in the area.
Growth & Expansion:
Expanding the services offered, along with adding a Plant to do the cleaning. Doing more marketing and advertising.
Seller will give 2-4 Weeks of Training/Transition.
Ad Detail Views:
Asking Price: $60,000 Gross Revenue: $110,000Cash Flow: $30,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $25,000 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.
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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