Tupelo Data Room
Commercial Laundry, Other Service Businesses
Active

Well Established Textile Rental & Laundering Business

Lake County, Florida, United States
Asking Price$450k
Revenue$900k
EBITDA-
Cash Flow$169k
Description
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.
Real Estate
Leased
Building Size: 2000 sq. ft.
Furniture Fixtures & Equipment
$181k
Inventory
$152kIncluded in Asking Price
Business is
Relocatable
Number of EmployeesFull-Time: 2
Year Established
1999
Reason Selling
Sellers are retiring.
Facilities & Assets
The company is located in a 2,000 sq. ft. warehouse with plenty of storage capacity for rental inventory and trucks.
Support & Training
Will train for 4 weeks @ $0 cost.
Market & Competition
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.
Growth Opportunities
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.
Financing Options
Lender pre-screened with $45K down.
Asking Price$450k