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Long - Standing Local Linens Service Provider
Location: United States -> Arkansas
Industry: Business Services > Laundry




Business Summary

This business provides linens services to local small businesses and community organizations.

This business has been serving the market from its current location for almost 20 years! This business is one of the core providers of linens and laundry services to motels, restaurants, hospitals, schools, and other small businesses. It also provides paper products to several accounts. Many of its customers prefer to work with a responsive local company versus the national chains in the competitive set, so the customer base is extremely loyal.

The current customer base is well-secured with 95% of the customers on service contracts. The business runs a relatively lean, high cash operation with 6 plant employees plus 3 route drivers. The physical assets include all laundry servicing equipment, all linens inventory (100% owned), and 5 delivery/pickup vehicles. The real estate is also available for sale if a buyer would like to purchase with the business.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $214,014
Cash Flow:   $73,656
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1999
Number of Employees:  6 - 9
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Management Training and Support:  3 weeks
Reason For Selling:  retiring

Photos

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Long - Standing Local Linens Service Provider Photo 1




Print Listing Id: 700327618
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Also See: Franchise Opportunities > Franchise Resales > Arkansas Businesses For Sale > Arkansas Franchises For Sale > Arkansas Business Brokers



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