Asking Price: $119,000 Gross Revenue: Not DisclosedCash Flow: $44,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed included in asking priceFF&E: $40,000 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.
LOCATION,LOCATION,LOCATION. THIS ITS A GREAT OPPORTUNITY TO OWN A PROFITABLE family own Coin Laundry.
16 Brand New DEXTER Washer: 10 - 20 Lbs., 4 - 30 Lbs. and 2 - 40 Lbs. Plus 14 30 Lbs Dryers and one Bill Change, 2 folding tables and a gas water heater.
Low Rent & Overhead.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.50 Per Month
This coin-operated laundry facility is operating in a 1,000sf, in-line shopping center space. This center offers plenty of parking and great signage. The location features a 5-year lease with three 5-year options. Over 90% of the 120,000 people within two miles are Hispanic, and 51% of the 39,500 households are renter-occupied. This store feature 16 brand new DEXTER Commercial Washers. This sale will include a small cafeteria inside the store (PIZZA, Empanadas, Croquettes soda etc).
DO NOT DISTURB OWNERS OR EMPLOYEES!
Well established family owned and operated
Gross income over $90K per year. Very good locations and busy traffics. Only serious buyers need inquire. Due diligence will be done on buyers. Showings on an appointment basis only. Seller is ready to sell, but not desperate. This business will move fast!
Growth & Expansion:
Huge potential for growth with advertisement, possible delivery and Dry Cleaning Drop Off Service. Great landlord. Most competitors are outside of a 10 mile radius. This business is running at 45% of capacity, so with additional staff and marketing, you could be making a very good living at 75% of capacity.
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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
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