Asking Price: $162,500 Gross Revenue: $149,122Cash Flow: $21,901 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $5,500 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.
This is a great opportunity to jump right into a turn-key dry cleaner in a highly desirable area with an appealing buildout in a well-maintained plaza with ample parking and great accessibility. There are two locations to provide multiple dry-cleaning services. Location 1 is a drop store and location 2 is a retail location plant (no Perc!) with on-site wash and fold services, pressing, drying, alterations, and tailoring.
This business has all processes and vendor relationships in place to make your transition to a business owner a simple and exciting process. There is an electronic POS system in place!! Due to owner’s health issues, she is looking to transition the business.
About the Business
Middlesex County, Massachusetts
Number of Employees:
Building Sq. Ft.:
$2,100.00 Per Month
The business has quickly developed a loyal customer base and convenient location position this business strongly in the market.
Growth & Expansion:
There are multiple growth opportunities for this business, including but not limited to: • Promoting business online through other social media (Instagram, etc.) • Customer email marketing and data collection • Offer referral discounts • Offer special coupons in local publications and postcard campaigns
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.