Asking Price: $449,000 Gross Revenue: $463,000Cash Flow: $100,000 (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.
This Business is a coin-operated Laundromat which also offers dry cleaning drop off, and wash, dry and fold services (Dry cleaning is contracted and provided by a local dry cleaner). Customers are primarily local housing renters who do not have access to laundry equipment, or, home owners who prefer to perform their laundry all at once. The business has developed a very good reputation by providing its customers with a clean, safe, and well operated facility, backed by friendly and attentive customer service.
About the Business
Catskill, New York
Number of Employees:
Building Sq. Ft.:
$3,520.00 Per Month
The business occupies 2,460 square feet of retail space within a busy strip shopping center. The premises are in good repair with little or no deferred maintenance. Customer parking within the plaza is ample, well paved and lighted.
There is very limited competition. One smaller Laundromat has opened and closed a few times.
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.