Industrial Laundry And Textile Rental Company
Relocatable, KY Not Disclosed
Southeast
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- RE: Industrial Laundry And Textile Rental Company
- Contact: Brad Williams
Quick Facts
| Asking Price: | $5,560,000 | |
| Annual Revenue: | $3,885,709 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $824,876 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $411,500 | |
| Real Estate: | $975,000 | |
| Year Established: | 2001 | |
| Employees: | 30 | |
| BBN Listing #: | 992700 | |
| Broker Reference #: | 1903-18934 |
Business Overview:
The company has been providing industrial laundry and dry-cleaning services, as well as textile rental and sales, forĀ over 20+ years and has been owned by the current owners for the past 14 years.
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Property Features and Assets:
The facility is situated on a1.45-acre lot zoned for Industrial use (I-1). It comprises two buildings with a total area of 29,144 square feet under roof, in addition to 1,659 square feet of covered storage. The warehouse area accounts for 25,928 square feet, while the office area encompasses 3,216 square feet.Ā
The building features a combination of brick, concrete block, and metal exteriors. The office space includes seven private offices, two reception areas, a conference room, a file room, a large break room, and a mechanical room. The warehouse boasts a clear height of 12feet, two dock-high doors, and three drive-in doors. Additionally, the rear of the building contains a clean room equipped with its own filtration system.Ā
There is a secondary building with2,250 square feet, which includes two restrooms and is primarily used for storage and as a clean room equipped with its own filtration system.
Assets = $1,895,180
Market Competition and Expansion:
While they operate in a competitive industry dominated by large players, its niche focus on sustainability and specialized services provides a unique value proposition.
The company has the potential for significant growth in two primary areas. First, it operates only one shift, while many competitors run multiple shifts. Currently, the facility is nearing its capacity for cleaning services with this single shift, which has led to turning away new customers. Second, there is an opportunity to offer more industrial products to both existing and new customers, as the company already provides services in its customers' facilities on a weekly basis.
Reason for Selling:
The owner is preparing for retirement.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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