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- RE: High End Hotel Linen Supply Worldwide -959363-NG
- Contact: Neil Gulati
Quick Facts
Asking Price: | $3,250,000 | |
Annual Revenue: | $2,500,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,150,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 946007 | |
Broker Reference #: | 9525-959363 |
Business Overview:
The family has been producing these fine textiles for about 88 years. The brand currently has a contract to supply all the bed, Bath, Table Linen and Accessories to Luxury HotelBrands worldwide. Manufacturing and distribution with Pick & Pack Services are available form seller at buyer request. The factory will continue to produce the items to their high standards with a Royalty of 2% for the use of the Brand. $500,000 down payment with 10% of sales towards completion of sale price.
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Reason for Selling:
Concentrate on Manufacturing
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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