Business For Sale

Commercial Laundry -Profitable-Established Clients

Not Disclosed, NM

Asking Price: Annual Revenue:
$995,000 $1,000,000

Services: Dry Cleaning & Laundry

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RE: Commercial Laundry -Profitable-Established Clients Broker: Jeannie Randolph

Quick Facts

Asking Price: $995,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $220,000
Total Debt: Not Disclosed
FF&E: $697,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 18
BBN Listing #: 119654921
Broker Reference #: B17.022

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Business Overview:

This extremely successful, full-service commercial laundry facility serves established, long-term customers in New Mexico. The laundry provides pick up, washing, drying, ironing, folding and delivery.

The diverse customer base gives this commercial laundry a stable, consistent work load and cash flow. It employees 18 full-time and five part-time employees working two shifts seven days per week. The laundry serves businesses in the hospitality industry such as hotels, motels, restaurants, and catering companies; the medical community including doctors, body workers, and spas; institutional clients such as colleges and universities; and many others.

The laundry has capacity to wash over 600 pounds and dry over 1,150 pounds per hour. Customers own their own linens and only pay for what they actually use. This is a more cost-effective method than traditional commercial laundry services. In addition, this laundry has a state-of-the-art water recycling system which allows the business to save over 70% of the water it uses. This means less cost and waste, and an extra-friendly impact on the environment.

This business has built a fantastic reputation through exceptional customer service! An opportunity like this one doesn’t come along very often. The potential buyer may be looking to relocate to the southwest and purchase an established, successful business with key managers and staff in place; or may already be in the commercial laundry business and is looking to expand their territory coverage.

Seller will stay on for a transitional period to introduce the buyer to key accounts and help them learn the business. This is truly a turn-key, well-run business looking for a new owner to take it to the next level.

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Reason for Selling:

Pursuing Other Interests.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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