Profitable 29 Yrs Est Commercial Laundry Business has carved out a very profitable niche...  Read More

Profitable 29 Yrs Est Commercial Laundry Business has carved out a very profitable niche servicing area restaurants and country clubs for their linen and laundry needs. Business can be greatly expanded by a full time salesperson, or by an owner willing and able to use the company's excellent reputation to market for new business. Currently utilizing 4,000 sq ft of industrial space housing 8 commercial washers, 5 commercial dryers, and 4 commercial irons. Nineteen full time employees wash, dry, iron, load, and deliver (and pick-up) the laundry to 90 repeat longstanding customers who all have a set schedule. Primarily services linen, table clothes, uniforms, and towels. Current owner has been there for 20 years and looking to move and semi-retire. Sales in 2015 significantly ahead 2014 sales of $792,820 and owner benefit of $192,125. Asking price of $699K includes $200K of inventory (some customers rent linens) and $250K of equipment and three vans worth about $30K each. Please contact Martin Berliant at 561-827-1181 or email for more information. Nondisclosure form is required.  Read Less