Asking Price: $279,900 Gross Revenue: $442,980Cash Flow: $91,200 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $6,500 included in asking priceFF&E: $160,000 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.
Phenomenal dry clean plant that has been serving the community for over 15 years. It offers a convenient Drive-Thru Service so the customers can drop off their clothing without ever stepping out of their vehicle. Positively trending revenues in 2018 with additional potential to expand the business by adding a delivery route and/or obtaining more commercial accounts from nearby schools and other businesses. The building also has additional rental income from another tenant on site. Building is in great condition, has great visibility and the TPO roof was replaced last year and some of the plant equipment has been replaced as well. This absentee operated business has excellent financials and is a great option for an SBA loan either with or without the property.
Profitable Dry Cleaners with Option for Real Estate 2447
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.