Asking Price: $98,000 Gross Revenue: $115,543Cash Flow: $44,217 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $60,600 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.
This is an outstanding opportunity to own a landmark business in a great Florida Panhandle town. The business offers on-site dry cleaning, and laundry, as well as small alterations to the local community. Business is in a great location on a heavily travelled road, with covered parking to assist with inclement weather. There is a tremendous opportunity to grow the business, as no other facility is within 30+ miles of the location. An energetic owner could incorporate drop stores and grow the business rapidly.
About the Business
Number of Employees:
1 - Part Time
Building Sq. Ft.:
$1,000.00 Per Month
Location is along heavily traveled road with professional business neighboring. Facility is 2725 sq ft, with covered parking.
Little to no competition
Growth & Expansion:
Numerous growth opportunities. Many customers travel over 25 miles to location. Drop stores or a route could be incorporated to increase sales. A increase in digital marketing would also increase sales.
Established Dry Cleaner & Laundry in Historic District
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.