Business For Sale Listing 152164
Successful Linen Rental Company
Status as of Jan-7-2009 at 06:00 PM: Off The Market
Business Summary
This successful business is one of the foremost Linen Rental companies in New Jersey. The company provides both superior service and products to catering companies, corporations, and party planners, to name a few. With a large inventory of a variety of products, this business is easily able to meet the needs of their clients.
This company has matured and expanded at a steady rate. The current owners have been judicious to keep cash flow and working capital needs in line with the businesses’ ability to grow.
There is a trained management team in place that keeps this well oiled machine running like clockwork. The staff is experienced, courteous, professional, and loyal.
The current owners will lease the facilities to the new owner at a reasonable long-term rate. They are more than willing to assist a new owner in a smooth transition. One of the owners has more than 30 years experience in the industry and will provide invaluable advice to the new owner on how to run and expand the business.
The company has enjoyed continued growth on a year-to-year basis. They currently employ one salesperson who services a limited territory. An aggressive approach in expanding the existing sales territory and an increase in internet sales will result in higher revenues. The current owners have laid the ground work to take this cash positive business both national and international.
The company recently under went a change that positively affected the logistics of operations. These changes have directly increased productivity and profits.
Categories
| Industry: |
|
| Location: |
|
| Other: |
|
Industry
Location
Financials
| Sales: |
Between $1 Million And $2.5 Million ($2,368,209) |
| Profits: |
Between $500 Thousand and $1 Million ($542,342) |
| Profit Type: |
Seller's Discretionary Cash Flow (SDCF) |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $1 Million and $2.5 Million ($2,500,000) |
