Asking Price: $169,000 Gross Revenue: $244,616Cash Flow: $52,868 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&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.
Located in the heart of Brighton Beach this Laundromat is ran 100% absentee and owner nets 55k a year. With 19 Speed Queen washers and 24 Dexter dryers all well maintained and in great operating condition this location is well established over 20 years and was renovated 9 years ago with top of the line equipment.With a manager of 10 years there is not much for an owner to do. Take over this location and start making money. You can even increase sales and net with some owner operating and advertising which current owner does not take advantage of due to other business obligations. Owner eager to sell and will entertain all offers.
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