Well Established Textile Rental & Laundering
Not Disclosed, FL Not Disclosed
Central Florida
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- RE: Well Established Textile Rental & Laundering
- Contact: Luis Zavala
Quick Facts
| Asking Price: | $450,000 | |
| Annual Revenue: | $899,500 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $169,343 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $180,581 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1999 | |
| Employees: | 2 | |
| BBN Listing #: | 46844955 | |
| Broker Reference #: | 1052-17641 |
Business Overview:
Company specializes in providing textile rental, laundry services, and sales to various industries such as hospitality, food service, auto service centers, and printing companies. The company provides it's customers with high-quality, cost-effective, and customized solutions to meet their textile and laundry needs. For over 20 years the company has strived to provide excellent service and support to their customers.
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Property Features and Assets:
The company is located in a 2,000 square feet warehouse with plenty of storage capacity for rental inventory and trucks. Assets = $332,499
Market Competition and Expansion:
Industrial laundry and linen supply revenue will expand to $21.6 billion over the next five years, with profit reaching 11.5% in 2028. Diversification in end markets minimized losses for industrial launderers during COVID-19. Moving forward, it'll also support growth. Diversification will leave industrial launderers less vulnerable to a slow recovery in some markets, as it is offset by a faster pace of growth in others. Due to the rapid growth in Florida and continued inflation, pressures may cause more businesses to outsource laundry and linen supply services. The addition of a wider range of product service and customer diversification are other potentials for the companies growth in this $20b industry.
Reason for Selling:
Sellers are retiring.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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