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This Business has been Sold!
Closing Date: 06/15/2011
Broker: Leo DeBeech

Business for Sale Summary

Commercial Industrial Laundry Svc - 16995

Business Type: seller financing available,special situations,best deals!,service businesses,cleaning services,dry cleaning/ laundry services,misc. servicel/non-classifiable
Sold
Commercial  Industrial Laundry Svc
On June 15th 2011, The Undersigned
Acted as the Advisor to the Deal
Leo DeBeech
Leo DeBeech Senior Broker
Servicing: Bronx County NY, Kings County NY, New York County NY, Queens County NY
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $10,600,000 Down Payment $3,000,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View

Financing

$3,000,000 Down and $7,600,000 with Negotiable LONG time period & interest rate.

Business Description

Commercial / Industrial Laundry Service. 2007 Sales: $8,600,000, CASH FLOW $2,500,000. 2008 Sales projection: $9.5-10,000,000. Very Major Player in the industry. 26 years in business. Over 200 accounts. 40,000 square foot high tech plant owned by seller who will offer a LONG term fair priced lease. Tax returns on hand. ***ALL BUYERS MUST SHOW PROOF OF FUNDS***

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.