Asking Price: $176,000 Gross Revenue: $191,939Cash Flow: $51,174 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $3,000 not included in asking priceFF&E: $100,000 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.
With 42K vehicles passing this location daily on a major thoroughfare from several bedroom communities heading into Raleigh, this dry cleaning plant is ready for it's third owner. The first one retired after two decades and the second is now ready to pass it on to a third owner after two more decades; this operation is a retirement maker. With major equipment upgrades including a Hydrocarbon dry cleaner and new boiler, this plant supports both walk in and commercial operations including an existing major hotel account.
About the Business
Number of Employees:
Building Sq. Ft.:
Lease Rate/Sq. Ft./Mo.:
One story brick frontage on a primary road, includes drive through pick up bay.
Wake County Dry Cleaning Plant, 40 Years Of Business, Updated Equipt.
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
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