Services - Other Business Services

Asking Price	$2,500,000	Inventory	$653,924*
Gross Income	1,055,678	Real Estate	$500,000*
Cash Flow	$376,663	Year Established	1994
FF&E	$1,171,181*	Employees	19

* included in the asking price

** not included in the asking price

Service Business: 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.

Financing: Possible for right situation

Support/Training: Owner will assist the buyer with training and transition.

Reason Selling: Other interests