Asking Price: $50,000 Gross Revenue: $40,000Cash Flow: $14,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $45,000 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.
This can be a great opportunity to own your own business for a great price. This laundromat is open 24/7 and is located on a main road in a safe, secure neighborhood with a combination of commercial and residential buildings.
About the Business
Number of Employees:
Laundromat consists of approx 1000 sq. ft. with 12 washers and 14 dryers,one soap dispenser and one bill changer. Most machines purchased between 2000 and 2006.
This business has been operating here successfully for well over 50 years. The recent addition of competition has affected sales however demographics can support this profitable business.
Growth & Expansion:
A full time wash and fold service, along with pick up and delivery can increase 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.