Asking Price: $425,000 Gross Revenue: $444,549Cash Flow: $130,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $8,000 included in asking priceFF&E: $250,000 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.
Two profitable multi-store Dry Cleaning Business strategically located in the north Dallas area offers two operational cleaning plants. The cleaning equipment at one location is idle and the second location is fully operational Both locations fully equipped and staffed with highly trained associates employees. One location is absentee run and the other location is semi absentee managed. Excellent leases are in place to ensure continued success. Strong customer loyalty with resulting repeat business. Positioned for growth.
About the Business
Number of Employees:
5 FT 1 Pt
Building Sq. Ft.:
Two locations. One location has 2500 SF which includes a fully operational cleaning plant. Rent is $2500/mo with a lease expiration in Dec of 2019. Option to renew. The second location is 2500 SF with an idle cleaning plant. Rent is $3200 per month with a lease expiration of Nov 2019 with option to renew 3 years. Rent includes NNN at both locations
Growth & Expansion:
• Add Website • Expand into Social media • Update POS software • Re-brand the Casa View Add commercial drop off accounts • Market the new apartment complex and local churches located nearby
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.