Asking Price: $450,000 Gross Revenue: $204,000Cash Flow: $72,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $10,000 included in asking priceFF&E: Not Disclosed 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.
Newly Established Laundromat Business 3500 sqft in a New Shopping Center on a corner lot located in Houston Texas.
The shopping Center was built in 2016. The Laundromat was started in 2017.
Very profitable business with huge upside potential. Absentee owner. Huge potential to increase the business by New Owner who can also be an Owner Operator.
Business is for sale and also for lease on a long term lease option. Seller is willing to execute a long term lease with 3 to 4 renewal options.
Asking Price for business $450,000.00
Asking price for lease $150,000.00
Owner financing available.
About the Business
Number of Employees:
Building Sq. Ft.:
$1.43 Per Month
If some one is interested the shopping center is also for sale. Call seller for details.
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.