Asking Price: $79,000 Gross Revenue: $170,000Cash Flow: $50,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $120,000 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.
A long-established laundromat on Staten Island has come on the market. Despite its recent growth, the owner has decided to sell. A Money Maker as is, much greater growth can easily be attained by trading on its longevity and reputation in the area- by becoming a drop-off for a dry-cleaning service; by offering pick-up and delivery service to the residential community and to commercial establishments-cloth restaurants, hotels and uniformed services; by accepting credit cards, or by advertising (currently word of mouth only). This is a good recession-proof business that can only get better. Seller financing is available to a qualified buyer. Please call 1-877-735-5224 for further information.
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