Business For Sale Listing 128075
Commercial Laundry, Linen Supply
Status as of Dec-4-2008 at 06:05 PM: Off The Market
Business Summary
Commercial laundry, linen supply, entrance mats and dust control service, offering high quality and low prices. The revenue cycle is weekly. The entrance mat revenue in the winter months offset some slowness in the restaurant revenue during that same period. The months of March through June are big revenue months. Business covers all of Iowa and expanding to cities in the fringe states. Most customers are under contract. The business has a strong reputation. Business is currently positioned to take advantage of expansion into hospitals, hotels and businesses that require uniforms. Business now has commitments that will increase revenues. The owner is willing to assist the buyer with the transition of operations after sale. Current owner nets over $376,000 with projected net to be over $500,000 next year. Business in located in Iowa.
Categories
| Industry: |
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Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($1,055,678) |
| Profits: |
Between $100 Thousand and $500 Thousand ($376,663) |
| Profit Type: |
Cash Flow |
| Asking Price: |
Between $2.5 Million and $5 Million ($2,500,000) |
