Wholesale/Dist. - Durable Goods

Asking Price	Not Disclosed	Inventory	$1,393,787*
Gross Income	Not Disclosed	Real Estate
Cash Flow	Not Disclosed	Year Established	1992
FF&E	$522,932*	Employees	45

* included in the asking price

** not included in the asking price

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 owner s 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 but an aggressive approach in expanding the existing sales territory and an increase in internet sales will result in higher revenues. The current owner has laid the ground work to take this cash positive business both national and international. The company recently under went a change that has positively affected the logistics of operations.

Facilities: The state of the art facility contains office space, a large warehouse, and space for light manufacturing. The real estate will be available for the new owner to lease at a reasonable long-term rate.

Competition: The advantages this company has are several: they have been flexible in their approach to the business; they have changed as the industry has changed, allowing them to remain current in the marketplace; they deal with competitive pressures head on; and the products they produce are superior in quality. The owners and employees will bend over backwards to assure the customer gets what they ordered and that the linens are perfect for the event. Rapid response to requests with short lead times has resulted in repeat business and new customers.

Growth/Expansion: Additional income streams can be pursued including adding additional shifts, taking in commercial laundry, tent cleaning and repair, and contract work, to name a few.

Financing: Financing to qualified Buyer

Support/Training: The owners will assist the new owner in a smooth transition and training period.

Reason Selling: The owners are looking forward to retiring and relocating to be near family.