Business For Sale

Linen Distributor, Manufacture, & Rental Supply

New Jersey, NJ
Camden County


Asking Price: Annual Revenue:
$5,998,000 $2,064,774

Wholesale/Distribution: Durable Goods


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RE: Linen Distributor, Manufacture, & Rental Supply Broker: Liliane Tietjen

Quick Facts

Asking Price: $5,998,000
Annual Revenue: $2,064,774
Net Profit: $598,544
Cash Flow: $598,544
Total Debt: Not Disclosed
FF&E: $6,442,166
Real Estate: $1,600,000
Year Established: 1988
Employees: 28
BBN Listing #: 950121637
Broker Reference #: 24133

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Business Overview:

A fantastic linen distribution, manufacturing, and linen rental supply service company sells and rents table linens – chair covers, table skirts, tablecloths, napkins, and chairs to restaurants, catering companies, party planners, wedding planners, caterers, florists, restaurants, country clubs, hotels, bridal and wedding consultants, synagogues, other rental companies, and many more! No Public Customers! Only renting to the Party Industry! The inventory consists of basic to every beautiful color and pattern of elegant innovative fabric tablecloths, napkins, table skirts, and chair covers. This company is growing year over year in a tight industry with projected over $2,100,000 in sales for 2014! Sales are cash (30%) or credit cards (70%) up front ONLY! Company has operated over 25 years C.O.D. only, offering financing terms to the party industry could double this business! Price includes over $4 million in inventory!
Please only serious and qualified inquiries.

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Property Features and Assets:

32,000 square feet bldg. completely outfitted for the linen business. Manufacture, distribute, and linen rental to the party industry!

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is not 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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Disclaimer:

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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