MergerPlace

Distribution and embroidery Business

Florida (Broward)


  • Asking Price: $274,000
  • Gross Income: $363,591
  • Cash Flow: $113,160
  • Real Estate: Not Disclosed
  • Inventory: $40,000
  • FF&E: $130,000
  • Listing ID: #206290
  • Established: 1955
  • Employees: 2

Business Description

Distributor of towels, linens, rags, and various garments. Also has embroidery machinery to customize products for customers. Serves hotels, hospitals, kitchens, beach resorts, pools, hair salons, fitness businesses, spas, special event companies, etc. Mostly sells to business customers, but has a small showroom for walk-in customers. Nice family business now being run by husband and wife. Please refer to listing number 0101-867047 and advisor Howard Schulman when inquiring.


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Florida
County: Broward

Company Information

Year Established: 1955
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 2

Financial Information

Asking Price: $274,000
Gross Revenue: $363,591
Cash Flow: $113,160
FF&E: $130,000
Inventory: $40,000
Seller Financing Available: No

Property Information

Facilities:

Lease/Month: 1,988 Square Footage: 2,100 Building Type: Business park Terms & Options: Three five-year options Expiration Date: 5/31/2021

Growth & expansion opportunities:

Increase marketing. Website has recently been modernized, but more attention could be paid to SEO and online advertising. Most customers are long-term which opens up opportunities to engage them in referral programs (for example: bring us a new customer and get 10 percent off on your next order).

Competition:

Institutional linen services, hotel suppliers, restaurant suppliers, specialized vendors, various retailers and distributors.

Reason for selling:

Retirement

Support & Training:

Seller will train for two weeks at no additional cost

Contact Business Seller

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Business Listed By:

Howard Schulman

Transworld Business Brokers