Asking Price: $340,000 Gross Revenue: $133,605Cash Flow: $127,674 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $186,137 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.
Excellent and easy turnkey business model. Washer & Dryer Rent for individual clients needing month to month service plan who don’t want to Rent to Own. Huge client base with 325+ clients already renting. Business is expandable and easily relocatable! Great individual small business for any business minded entrepreneur.
About the Business
Number of Employees:
Home-based/Workshop and storage unit easily re-locatable.
Established current customer base with monthly sales of $11,500 - $12,000. This will transfer directly to new ownership. This is a proven business model and current owners have owned and operated the business successfully for almost 14 years basically as a mom and pop operation. The business is very scalable and without a large investment could be grown significantly.
An honest business that provides a needed service within the community. There is a great demand for this rental service and it's growing. If you answer the phone, take care of the rental equipment, and customer base is 95 percent of the business. Business model is simple, and 14 years proven.
Total Sales are spread over a large customer base, with no large single customer. The loss of any single customer has no impact on the business because as customers leave new customers are added. Current owners target a small and specific geographic area of the DFW metroplex for personal reasons. New owner could easily focus on the same area or expand into as many parts of the DFW metroplex as desired. Business has one national competitor and 1 or 2 local competitors in the entire DFW Metroplex.
Due to great competitive pricing and great customer service there is minimal competition. This business is currently being run from a home office/workshop and is relocatable to any location. Complete client base remains with new owner. New owner to start receiving $10-12K in monthly rents upon sale! There is no face to face customer relations. Great customer service and very competitive pricing, maintain a high retention rate with majority of the client base.
Growth & Expansion:
Total sales revenues could easily be increased as present owners only work a part time schedule and service a very limited DFW geographic area. Business could be grown vertically by going full time and marketing in more of the DFW area. Presently business only rents full size washers and dryers. Adding stackable and all-in-one units could be added to rental inventory. Other items such as TVs, refrigerators, computers, etc. could also be added to increase rental sales. Business does very little social media, network marketing and advertising. Business savvy entrepreneur with strong marketing and social media presence background, could explode this business! Adding other locations, and increasing employee staff would aid in business growth and sales.
No Competition Mom/Pop Washer/Dryer Rental Company for SALE
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