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Business for Sale

Event Rental & Commercial Laundry Company For Sale in New York
Kings County, NY

Listing #37422

   
Financial Information (non-confidential)
Asking Price $800,000.00 Gross Revenues $1,000,000.00
Down Payment $250,000.00 Owner’s Cash Flow $250,000.00

Financing: $250,000.00 Down and $550k @ 7% for 48 months

Reason for Selling:Retirement

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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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.


Cheskel Dershowitz
Senior Business Broker
845-659-2328
cdershowitz@vestedbb.com
Servicing Area:
Rockland County, NY
Orange County, NY
Bergen County, NJ
Cheskel  Dershowitz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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