Industrial Laundry and Textile Rental Company
Business Description
The company has been providing industrial laundry and dry-cleaning services, as well as textile rental and sales, for over 20+ years and has been owned by the current owners for the past 14 years.
About the Business
- Years in Operation
- 24
- Employees
- 30
- Currently Relocatable
- Yes
- Facilities & Assets
- The facility is situated on a 1.45-acre lot zoned for Industrial use (I-1). It comprises two buildings with a total area of 29,144 square feet under roof, in addition to 1,659 square feet of covered storage. The warehouse area accounts for 25,928 square feet, while the office area encompasses 3,216 square feet.
The building features a combination of brick, concrete block, and metal exteriors. The office space includes seven private offices, two reception areas, a conference room, a file room, a large break room, and a mechanical room. - Market Outlook / Competition
- While they operate in a competitive industry dominated by large players, its niche focus on sustainability and specialized services provides a unique value proposition.
- Opportunities for Growth
- The company has the potential for significant growth in two primary areas. First, it operates only one shift, while many competitors run multiple shifts. Currently, the facility is nearing its capacity for cleaning services with this single shift, which has led to turning away new customers. Second, there is an opportunity to offer more industrial products to both existing and new customers, as the company already provides services in its customers' facilities on a weekly basis.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
About the Sale
- Seller Motivation
- The owner is preparing for retirement.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $900K down.
Listing Info
- ID
- 2375482
- Listing Views
- 1666
Listing ID: 2375482 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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