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Business for Sale Summary

Event Rental & Commercial Laundry Company For Sale in New York - 37422

Business Type: laundromats,equipment rental and sales
Event Rental & Commercial Laundry Company For Sale in New York
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Financial Information (non-confidential)

General Information
Asking Price $800,000 Down Payment $250,000
Gross Revenues $1,000,000 Lease Remaining Register Free to View
Owner’s Cash Flow $250,000 Number of FT Employees Register Free to View

Financing

$250,000 Down and $550k @ 7% for 48 months

Business Description

Well-established linen and tablecloth rental business featuring a large commercial laundry facility. The company is widely known among caterers and banquet halls and serves a loyal base of B2B clients who rely on its services on a regular basis.

All high-end laundry equipment is included in the sale, allowing a new owner to step into a fully operational and turnkey business. The company is supported by skilled employees who have been with the business for many years and are experienced in maintaining its day-to-day operations.

In addition to the linen and tablecloth rental operations, the seller currently provides some commercial laundry services. This segment presents significant growth potential, as it has not yet been fully developed or maximized.

The seller is willing to offer a fair lease to the buyer and is also open to selling the building as part of the transaction.

Beyond being a strong standalone business, this operation could also serve as a foundation for additional related ventures.

For more information, please contact the broker:
Cheskel Dershowitz
845-659-2328 


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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.