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Linen Rental Company for the Event Industry
Calder Associates Listing #14634257
Linen Rental Company for the Event Industry
Company Overview
14634257
Equipment Rental
Linen Rental Company for the Event Industry
Joe Kerr
1992
$2,247,371
$495,000
$461,492
$354,437
Seller will negotiate terms for transition.
After 30+ years in the industry, the owners feel it is time to execute their exit strategy
Business Details
This business just makes sense for the entrepreneur or company looking for a well positioned business opportunity to grow and expand.
The owners of this business began working on their exit strategy several years ago with the idea of making the company a saleable commodity. They have accomplished this by recruiting and training a management staff to handle the day to day operations of the company and they have invested significant capital in improving the physical plant. The facility has been completely renovated and refitted. The owners have updated production lines, warehouse facilities, front end facilities, and invested in software and technical advances to improve productivity. The company makes good use of the internet and their website to bring in more business.
Not only has this company survived the current economic downturn but they have flourished with increased revenues and cash flow.
In short, this company has positioned itself to take full advantage of the economic recovery and is situated to allow a new owner with energy and some capital to take this company to the next level.
This company has maintained an excellent reputation in the industry and can out perform many of its competitors.
The owners of this business began working on their exit strategy several years ago with the idea of making the company a saleable commodity. They have accomplished this by recruiting and training a management staff to handle the day to day operations of the company and they have invested significant capital in improving the physical plant. The facility has been completely renovated and refitted. The owners have updated production lines, warehouse facilities, front end facilities, and invested in software and technical advances to improve productivity. The company makes good use of the internet and their website to bring in more business.
Not only has this company survived the current economic downturn but they have flourished with increased revenues and cash flow.
In short, this company has positioned itself to take full advantage of the economic recovery and is situated to allow a new owner with energy and some capital to take this company to the next level.
This company has maintained an excellent reputation in the industry and can out perform many of its competitors.
Location Details
NJ
Southern
Modern fully refitted and refurbished plant (2008 / 2009).
Lease
No
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