Commercial laundry catering to event rental comp

Miami-Dade County, FL

Seller Financing Available
Commercial laundry catering to event rental comp

Asking Price:$695,000

Cash Flow:$221,475

Gross Revenue:$620,000

EBITDA:N/A

FF&E:$400,000

Inventory:N/A

Established:2000

Commercial laundry catering to event rental comp

Get Financing Save Print Share Valuation Report

Business Description

Growing and well known commercial laundry specializing in linen services to the event rental and hotel industry. Company does the linens for the majority of event rental and party rental companies and have started marketing to Hotels. Revenue for 2015 will be up 30% and continuing to increase with little marketing efforts.Tired owner wants to retire and slowdown as business has grown too much for him to handle and has priced it to sell.Good books and records. Please refer to Listing #220150256 and advisor Jesse Peraza when inquiring.

Detailed Information

Employees:
15
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Lease/Month: 5000 Square Footage: 5800 Building Type: warehouse/office Terms & Options: available Expiration Date: 12/28/2020
Financing:
Seller will finance $2,997.09 at 5% for 36 months.
Support & Training:
Seller will train for 4 weeks at no cost.
Reason for Selling:
Retirement

Listing Statistics for Premium Members

Ad#:1234525 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Andrew Cagnetta

Business Listed By:
Andrew Cagnetta

Transworld Business Brokers

Show Phone Number

View My Listings

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

Find out more...

Get more details about this business.


Similar Listings


LaVida Massage

Franchise Opportunity
Capital Required: $260,000