Asking Price: $595,000 Gross Revenue: $625,318Cash Flow: $245,796 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $500 included in asking priceFF&E: $150,000 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.
Extremely profitable 7-Year-old Dry Cleaning Plant and 2 Drop Stores. Plant is located in Kendall. One drop store is in W. Kendall, the other is in Homestead. Sales in 2018 were $625K up from $591K in 2017. The equipment is in excellent condition and includes a 2012 Dodge Ram Van. Plant has the capability of servicing 5-7 Drop Stores. This business will qualify for E-2 Visa. Please refer to listing number 6401-67235 and advisor Rick Kittay when inquiring.
About the Business
Miami-Dade County, Florida
Number of Employees:
Building Sq. Ft.:
$6,700.00 Per Month
Type of location: Strip Center Monthly Rent: $12,000 Square Footage: 4,000 Lease Expiration Date: 4/30/2023
Extremely Profitable Dry Cleaning Business For Sale
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