MergerPlace

Full Service Linen and Commercial Laundr

Florida


  • Asking Price: $750,000
  • Gross Income: $862,556
  • Cash Flow: $250,654
  • Real Estate: Not Disclosed
  • Inventory: $1,000
  • FF&E: $240,000
  • Listing ID: #224824
  • Established: 1997
  • Employees: 10

Business Description

Well-established full-service linen and commercial laundry. More than 6,000 sq.ft. plant fully equipped with 13 industrial washers, 12 industrial dryers, and more, with a capacity to clean more than six thousand pounds per shift. Two trucks and a van included in the sale. Servicing loyal customers, including hotels, restaurants, event planning companies, rental party companies, and more. Well trained and loyal staff in place. Centrally located to provide service to Miami-Dade and Broward. The owner is ready to retire. Please refer to listing number 2201500316, business broker Jose Penalver 305-3367468
when inquiring about this listing.


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 1997
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 10

Financial Information

Asking Price: $750,000
Gross Revenue: $862,556
Cash Flow: $250,654
FF&E: $240,000
Inventory: $1,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 6650 Square Footage: 6000 Building Type: Commercial Terms & Options: Expiration Date: 12/17/2021

Competition:

Non Compete : Miles: 5 Years: 2

Reason for selling:

Retirement

Support & Training:

Weeks Training: 2 Cost: $0

Contact Business Seller

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Business Listed By:

Jose Penalver

Transworld Business Brokers of Central Florida