Asking Price: $90,000 Gross Revenue: $86,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $5,000 included in asking priceFF&E: $17,000 included in asking priceReal Estate: Not Disclosed Share 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 fully functional well run dry cleaners is for sale. The owner owns another business and just doesn't have the time to attend to the day to day operations of this business. The business sits right in the heart of a nice busy neighborhood and could easily turn a nice profit if an entrepreneur put the time and effort into running/marketing it and attracting the business that the neighborhood has. They do not do any dry cleaning at the shop, they are a drop store but it does have all of the other necessary equipment needed to run the shop, racks, bagger, sewing machine, steamer etc .and the equipment is in good condition. The benefits of buying this business are a low price, great neighborhood, and it has plenty of neighborhood to grow. The owner is willing to negotiate with the right buyer. Please call broker Steve Mencini for more details at 248-388-0349.
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