Asking Price: $297,000 Gross Revenue: $320,000Cash Flow: $55,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $2,000 included in asking priceFF&E: $94,000 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.
Today, there are more two-career families than ever before, and as a result, there is a greater need for professional dry cleaning services. With less time and greater disposable income, working men and women are paying more for garment care to preserve their wardrobes and make them look their best. This business is located close to the beach and offers many services.
Fully equipped and staffed, equipment value is approx. $94000
About the Business
Number of Employees:
Fully equipped establishment. Small waiting area for customers. good location highly visible.
Great Dry Cleaner fully equipped, good sales, North Co.,close to beach
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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
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