Business For Sale

Services: Dry Cleaning & Laundry


Profitable 50+ Year Uniform & Mat Rental Company

Chicago, IL

Asking Price: Annual Revenue:
$1,100,000 $925,000

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RE: Profitable 50+ Year Uniform & Mat Rental Company Broker: Grant H DeNormandie
Owner Financing is Available!
Real Estate included in price. Owner will take back mortgage on the real estate.

Quick Facts

Asking Price: $1,100,000
Annual Revenue: $925,000
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $425,000
Year Established: 1961
Employees: 10
Listing Number: 686153466

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Business Overview:

Full service industrial laundry and uniform, towel and floor mat rental service to businesses in the Chicagoland and N.W. Indiana areas. Clients include Fortune 500 companies. Over 600 business clients under long term contracts so income is very consistent from year to year. Approximately 80% mat rental and 20% uniform and towel rental. Real Estate includes a city block (approximately one acre) and a 15,000 sq foot one story building. 10 Employees total. Real estate, equipment and delivery fleet included in price. Servicing a very unique niche in the marketplace for over 50 years.

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Property Features and Assets:

15,000 square foot, one story building on 1 acre

Market Competition and Expansion:

Especially filling a niche for Logomat rental. Opportunity to expand into indoor billboard floor mat market

Reason for Selling:

Retiring

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.

Resources:

Relevant Links:

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