Asking Price: $290,000 Gross Revenue: $147,482Cash Flow: $6,840 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed 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.
DOWNLOAD ATTACHED BUSINESS DETAILS PRIOR TO INQUIRING**EXPERIENCE BUYERS ONLY** IF YOU DON'T KNOW WHAT YOU'RE DOING PLS. DON'T BOTHER** ALSO NO LOW BALL OFFERS, SELLER KNOWS WHAT HE HAS AND WILL NOT JUST GIVE IT AWAY**
Before the current owner purchased this washateria back in 2016 it was generating a cash net of $7,800K monthly. Unfortunately, for some business or personal reason he could not sustain the same revenue so as of current the revenues are significantly down. The market and potential is still there, just need the right owner to turn it around. Ideal owner would be someone who is hands on and owner operator. Price are based on Furnishing, Equipment and some goodwill (so don’t debate us on this). Some upside are the Low Rent and Good location with plenty of apartments nearby. Also the machines are in good condition and well maintained.
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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
and assumes no responsibility for its accuracy, veracity, or completeness. See our
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