CHICAGO — If you’re looking to buy or sell a coin laundry, an Internet marketplace may prove beneficial. BizBuySell announced that for the first time business owners and buyers can find out the value of a business at no cost by using its “Valuation Report.”
The new feature allows users to accurately determine a fair asking price based on factors such as business type and location, the company says. It is exclusive to BizBuySell and has not previously been available for free.
The report is customizable, so users can choose factors such as gross income, cash flow ranges and geographic area to analyze the worth of a business. Business owners and buyers can even include specific businesses for sale or sold on the site, which features more than 50 industries including drycleaning/laundry services. A quick check of the site showed this category included more than 500 businesses.
BizBuySell is an Internet business-for-sale marketplace, which currently has an inventory of more than 48,000 businesses, the company says.