27-Year Legacy Business with Significant Value-Add Upside

For nearly three decades, this well-established linen services operation has been the backbone of the vacation rental industry in Eastern NC. This is a rare opportunity to acquire a turn-key commercial laundry business with real estate, equipment, and an irreplaceable foothold in a thriving coastal tourism market.

The Business

Built on trust and consistency since the late 1990s, this company has served the vacation rental community through seasonal peaks and off-season cycles alike. At its 2024 peak, the business generated $813,626 in gross receipts, $270,576 in Net Operating Income, and $191,552 in Ordinary Income — a testament to what this operation is capable of in the right hands.

Following the loss of its largest client in 2026, revenue has contracted to approximately 25% of 2024 levels, creating a classic value-add acquisition scenario: the infrastructure, real estate, equipment, and market relationships are in place — the opportunity is rebuilding and expanding the client base.

The Assets

Real Estate: +/-1,728sf commercial building on approximately .5acre lot. Estimated value $350,000
6 Speed Queen Commercial Dryers — Industry-standard, workhorse equipment
1 Commercial Washer (brand TBD)
2004 GMC Box Truck — Included for route delivery operations
FF&E — Estimated $40,000 in furniture, fixtures & equipment
The Opportunity

The Eastern NC vacation rental market continues to expand, and short-term rental operators demand reliable linen services. A new owner with hustle and sales focus could realistically rebuild to prior revenue levels and beyond. Additional upside exists in:

Expanding the linen service to new property management companies and individual rental owners
Launching a vacation rental cleaning service — a natural, highly synergistic add-on that clients already demand. This service was previously offered before the seller scaled down as they are approaching retirement
Leveraging the existing route infrastructure, truck, and operational systems from day one
Why Buy This Business?

The hardest parts are already done: the equipment is in place, the real estate is owned and the operational playbook exists. What's needed is an owner-operator ready to rebuild relationships and capitalize on one of the NC coast's most in-demand hospitality services.

Total Package Asking Price Includes: Real estate (~$350K), FF&E (~$40K), operating business, box truck, and all equipment.

Investment highlights

Tremendous upside and value-add
Located in one of the hottest beach vacation rental markets in NC
Turn-key