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Banit Inc

Drycleaning and Laundry Services (except Coin-Operated) · Atlanta, GA

Banit Inc is a business in Atlanta, Georgia, listed under drycleaning and laundry services (except coin-operated), with 10 to 19 staff, as recorded in 2020 to 2021. From 2023 to 2026, similar businesses sold for about $440K to $830K.

Public record

Industry
Drycleaning and Laundry Services (except Coin-Operated) (NAICS 812320, as reported by the business)
Location
Atlanta, Georgia
Staff
10 to 19 people (as reported in 2020 to 2021)
Local rank
#11 of 77 businesses in Atlanta listed under drycleaning and laundry services (except coin-operated), by staff size (2020 to 2021)
As of
2020 to 2021. Details may have changed since then.

What businesses like this sell for

Businesses in Drycleaning and Laundry Services (except Coin-Operated) with 10 to 19 staff, bought 2023 to 2026. Based on 42 purchases.

Loans used to buy them

$370K to $710K

Middle loan about $470K

Estimated purchase prices

$440K to $830K

Middle price about $560K

How we estimate the price: the records show the loan behind each purchase, not the price. Buyers usually borrow about 85% of the price, so we divide the loan by 0.85. The ranges show the middle half of purchases. This is not a valuation of Banit Inc.

Financials of businesses like this

Average revenue

$831K

a year

Average payroll

$334K

40% of revenue

Average staff

13.2

people

US averages for drycleaning and laundry services (except coin-operated) with 10 to 19 staff, 2022 (1,384 businesses). These are not Banit Inc's own figures; its own revenue and profit are what a valuation needs.

Value Banit Inc on Value Alpha

Buying, selling or advising on Banit Inc? Add its revenue, profit and owner pay, or upload the statements, and get a valuation range with bear, base and bull cases, built from comparable companies and completed sales in its industry.

Is this your business?

Claim it to get a private valuation workspace with its details filled in. To claim, you upload one document that shows the business name, such as a state registration or an IRS EIN letter. We review every claim, and you can start your valuation right away.

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Drycleaning and Laundry Services in Atlanta: the sale report

Sale ranges by staff size, local counts and how to value one, by email.

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Questions

How much is a business listed under drycleaning and laundry services (except coin-operated) worth in Georgia?
From 2023 to 2026, businesses listed under drycleaning and laundry services (except coin-operated) with 10 to 19 staff sold for about $440K to $830K, with a middle price of about $560K, based on 42 purchases. A business's own value depends on its revenue, profit and owner pay.
How current is the information about Banit Inc?
The industry and staff numbers were reported by the business in 2020 to 2021 and may have changed since then.
How can the owner of Banit Inc get a valuation?
Claim the business, upload one document that shows its name, and add revenue, profit and owner pay. The valuation can start while the document is reviewed.

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