Commercial Laundry Services And Linen Hire
Location Australia
Asking Price Range $500K - $1.0M
Gross Revenues $50000000
Net Profit / Cash Flow $20000000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2010
Number of Employees 4 - 5
Inventory 40000000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training Yes
Reason for Sale Business growing to fast owner is 73 and ready to retire
Description Established in February 2010 and operational since May 2010, this is a brand new business, but don't be mislead, this business may be in it's infancy, but the last eighteen months have been all about growth, first doubling, then tripling and now heading towards quadrupling the initial figures. This business has grown beyond the founders' forecasts and expectations despite the very difficult economic climate that this business was established in. Having had the long, hard slog done in setting up and establishing this business as well as the excellent customer base, a keen, entrepreneur with zest and a `can do' attitude is being sought to further grow and reap the rewards of this now well established business promising to evolve into a well-oiled money-making machine.
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