Well Established Textile Rental & Laundering Business
Business Description
Well Established Textile Rental & Laundering Business
Company specializes in providing textile rental, laundry services, and sales to various industries such as hospitality, food service, auto service centers, and printing companies. The company provides it's customers with high-quality, cost-effective, and customized solutions to meet their textile and laundry needs. For over 20 years the company has strived to provide excellent service and support to their customers.
About the Business
- Years in Operation
- 26
- Number of Employees
- 2
- Currently Relocatable
- Yes
- Facilities & Assets
- The company is located in a 2,000 sq. ft. warehouse with plenty of storage capacity for rental inventory and trucks.
- Market Outlook / Competition
- Industrial laundry and linen supply revenue will expand to $21.6 billion over the next five years, with profit reaching 11.5% in 2028.
Diversification in end markets minimized losses for industrial launderers during COVID-19. Moving forward, it'll also support growth. Diversification will leave industrial launderers less vulnerable to a slow recovery in some markets, as it is offset by a faster pace of growth in others. - Opportunities for Growth
- Due to the rapid growth in Florida and continued inflation, pressures may cause more businesses to outsource laundry and linen supply services. The addition of a wider range of product service and customer diversification are other potentials for the companies growth in this $20b industry.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,000
About the Sale
- Seller Motivation
- Sellers are retiring.
- Transition Support
- Will train for 4 weeks @ $0 cost.
- Financing Options
- Lender pre-screened with $45K down.
Listing Info
- ID
- 2085514
- Listing Views
- 5322
Listing ID: 2085514 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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