Asking Price: $1,075,000 Gross Revenue: $803,633Cash Flow: $222,390 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $1,000 included in asking priceFF&E: $300,000 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.
For an owner-operator or absentee owner, you can make over six figures with this well-established dry clean operation that has serviced the community for over 20 years. This sale includes real estate valued at $600,000 (included in asking price). The free-standing building includes a fully equipped dry cleaning facility with plenty of parking. Also included in the sale is a very busy drop store that is located in a nearby affluent community.
There are many opportunities to increase revenue and profit at both locations. Adding one or two drop stores in strategic locations will be a great start. Secondly, adding multiple routes for residential and commercial clients will be a huge opportunity that has never been pursued by current owners. This dry cleaning facility is equipped to handle much more business.
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.