Seller's Contact Information

  • RE:  Commercial Launderer For Sale With Real Estate
  • Contact:  Mac Thelen
Owner Financing is Available!

Quick Facts

Asking Price: $1,459,000
Annual Revenue: $587,000
Net Profit: Not Disclosed
Cash Flow: $199,900
Total Debt: Not Disclosed
FF&E: 450,000
Real Estate: $860
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 394740231
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

This Business is an established Commercial Launderer based in the East Metro of Minneapolis/St. Paul. The Seller has operated the Business for over 18 years and has continually updated equipment and processes. The current Owner employs two managers who oversee operations, are aware of the sale, and are willing to stay with the Company. There is opportunity to grow by adding additional commercial accounts and additional shifts within the capacity of the existing infrastructure. There is an excellent customer blend of commercial and wholesale accounts. Industries served include hospitality, light medical, party rental and events, food and beverage, and other wholesale partners. The Company processes both their owned rental linens and customer owned linens. There are two delivery vehicles which service the established route as well as retail drop-off and pick-up revenue. The Real Estate is included in the sale.

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Property Features and Assets:

The Real Estate is offered for sale or lease. The 3,600 square foot Building has ample parking, is located in a highly visible part of town, and includes two parcels. The Seller has invested over $300,000 in equipment and vehicles in the last 2 years.

Market Competition and Expansion:

The seller has not marketed or advertised in over 6 years. Efforts into marketing and advertising should spur continued and additional growth.

Additional Details:

  • The property is owned.
  • 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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