Fire Sale! Dry Cleaning Biz w/ Laundry Plant

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This listing is: Off Market

Background

BizEx ID:BizEx731-MS
General Location:Valencia, CA
Category: Dry Cleaning/Laundry
Years in Business:6.5
Under Present Owner:6.5
Hours of Operation:Mon-Fri 7am-7pm, Sat 8:30am-5:00 pm
Owner Hours:FT
Training:2 weeks @ 20 hours
Organization Type:
Lease Expiration:2017
Lease Options:1 @ 5 Years
Building Size:1,100
Employees:2
Reason for Sale:Serious Health Issues

Financials

Asking Price:$82,000
Down Payment:$82,000
Gross Sales:$91,492
Discretionary Cash Flow:$36,000
FF&E:$160,000
Inventory Included?
Inventory:
Min. Operating Capital:
Real Estate Available?No
Rent:$3,130
Financing:None

2011 2012 2013
Gross Sales $ 77,900 $ 87,909 $ 91,490
Gross Profit $ $ $
Disc. Earnings $ 21,900 $ 31,000 $ 36,000

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations