Profitable Laundry At Perfect Location For Sale

Description

Business type: laundry business

Current status: established operating business

Operations

Operating model: owner-managed

Staff complement: established

Premises: leased

Financial information

Selling price: R865,000

Sale basis: going concern

VAT: not applicable

Estimated stock value: R5,000

Total acquisition value including stock: R870,000

Annual turnover: R914,000

Average monthly turnover: R74,000

Annual EBITDA: R317,000

Average monthly EBITDA: R26,000

Financial period basis: 12-month average

Investment metrics

P/E ratio: 2.7

ROI: 37%

Payback period: 33 months

Investment metrics: calculated excluding stock

Assets

Asset market value: R383,000

Asset value as percentage of selling price: 45%

Expansion options

• Additional laundry volume
• Additional commercial clients
• Additional service offerings
• Expanded local marketing

Reason for sale

Reason for sale: relocation

Buyer requirements

Buyer type: cash buyer

Seller financing: not available