Asking Price: $500,000 Gross Revenue: $518,000Cash Flow: $77,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 not included in asking priceFF&E: $20,000 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.
More than 10 employees work day and night to fulfill commercial accounts. Less than 5% of the gross revenues comes from drop-offs. 95% of the revenue comes from commercial accounts. Absolutely No self serve Clients order over the phone, through the website, and starting early 2019, via a mobile app. 18 washers, 20 dryers Business is owner operated Total cash flow is $100,000, and projected grow by 20% this year. Sellers maintain very detailed records. Owners are looking to sell the entire business, or 50% of the business, as they are looking for money to fund a new venture. Proof of funds is required , Please contact the broker before making an appointment to see this location as this is not your typical business operation.
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Established Laundromat in Westchester County- 31620
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