Asking Price: $4,700,000 Gross Revenue: $2,800,000Cash Flow: $950,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $50,000 included in asking priceFF&E: Not Disclosed Real Estate: 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 $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Absentee Owner! Fantastic LUXURY Dry Cleaner!
Fantastic High Volume Dry Cleaner.
Absentee Owner! Located in highly populated area with strong demographics IN BROWARD
2 FULL MAIN PLANT dry cleaning plant AND A Drop store BOUTIQUE with strong cash flow and all systems are in place for handling the work load!
3 DRY CLEANING machines handle the volume along with numerous presses, washers, a 20 hp boiler, shirt unit etc.
The business is run like a well oiled machine and is run absentee with a long time manager in place and minimum owner involvement. All the equipment is in excellent condition, almost new, and well maintained.
About the Business
Number of Employees:
Building Sq. Ft.:
Include a REAL ESTATE Top location in the heart Broward FLORIDA PRIME LOCATION BUILDING SQ/FT 2950 Year built 1996 –concrete / trowel keystone fin commercial asphalt paving 586 x 10 Total sq ft 5860 SF Land and building with parking lot and Drive thru . 1 Main plant sq ft 2950 Bank/Sba 1 Main plant sq ft 2200 rent 9975$ in a Shopping center lease 1 Drop Store sq ft 1950 rent 5400$ in shopping center lease
All sales are from the counter.Solid base customer with High End Customer Service Fully Staffed dry cleaning business built for the future with a manager in place!!! Close to both residential and commercial areas, near many many corporate office centers. Great opportunity to own a turnkey absentee owner business with fantastic cash flow! Well established growing dry cleaning business - incredible upside opportunity! Fantastic money maker!
Growth & Expansion:
Need to add Pick up and delivery service or build another drop store . Nda need to be signed and proof of funds before details .
E2 VISA INVESTOR -LUXURY DRY CLEANER -WITH REAL ESTATE
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