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Linens and Laundry Supplier

Mercer County, New Jersey, United States
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Asking Price$1,895,000
Revenue$2,122,000 EstablishedUndisclosed
Cash Flow$390,000 Employees25 full, 5 part
FF&E$920,000 FranchiseNo
Inventory$75,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Family owned, extremely well established with immediate positive cash flow.This is a serious player in the linens and commercial laundry space, deliveryto your place of business, hundreds of client relationships already established throughput the region, can be expanded with additional sales resources. The facility has some of the best equipment available and has an established and loyal workforce. Current client services include but not limited to organic linens, apparel, uniforms, aprons, towels, bar mops, floor mats to greatclients such luxury hotels. Lenders standing by for qualified buyers. This would be a great opportunity for an existing player in the business to expand their footprint.Location is between NYC and Philadelphia. Aggressive expansion can put you in one of the most affluent corridors in the nation. Combined population over 25mm.There are 3,525 hotels in the region and thousands of restaurants- this is an incredible opportunity for growth. The sale includes a separate single retail operation as part of the package. There are a total of 17 retail locations to serve a population of 88,000 people. This is very good profit center on it's own. Completed financial information and details of the business will be released to qualified buyers. No seller financing and proof of funds REQUIRED. This is an IDEAL opportunity for an existing company to acquire and expand footprint into a new market.For further information please contact the broker at 1-877-735-5224. Attention Business Owners:We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.
Training/Support:The seller will train the new owner.
Seller Financing:$1,895,999.00 Down and 100% CASH BUYERS ONLY
Ad #99021
Seller Reference #28971
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Fernando Dager
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