Gwinnett County, GA Commercial Laundry Businesses For Sale

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Banquet Rental and Laundry net 35K/m+ only 1.4m
$14,000,000Cash Flow: $420,000Seller Financing
Banquet Rental and Laundry net 35K/m+ only 1.4m

Buford, GA

Banquet Rental business serving the banquet, Catering, wedding, big event industry. Services include: 1.Rentals 1) Linens: tablecloths - - runner - banquet chair cover - folding chair cover - self tie chair cover - satin sash - orange sash - damask runner – 2) Tables and Chairs: high boy table - round table - long table - chiavari chair - banquet chair - charge plate – 3) Banquet Accessories: dinner ware - skirt - cylinder vase - centerpieces - column - pipe & wedding drape - jelly ball - water bead - kneeling beach - tower vase - aisle runner - rhinestone mesh roll - 2. Linens Wash and ironing 3 Event scene set up Great Profit, easy to run. They are the biggest in GA, great reputation, no competition. The business require a lot of inventory and some special techniques. That is why there is no competition. 80% Clients are repeated businesses who mostly pay with paypal and bank transfer, low dispute rate. Have potential to grow. Right now run as Semi-Absentee. Can set up as Absentee run if needed. Revenue 680k+ a year, net income is 35k+ a month, Asking1.4m include inventory for quick sale -- Inventory and Equipment took more than 1.5 million to set up, worth 900k. If selling with property and land then 2.98m. The Property has 5 Acres land in a corner of a major road with great location. Many people knock at the door ask owner to sell the property. Seller can stay in the business as employee for several months for smooth transition . Qualify for SBA. Partial Owner financing is available. Buyer need to have at least 600k-800k as down payment. One of A Kind Opportunity. Owners can stay as employees for several months for smooth transactions. Buyer Only, No Agent, Please. Please fill out Non Disclosure Agreement attached with this listing & email to . Any questions, please call Harriet Zhu at 404-642-8712.

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