Hot Listing
Single-use Towel Provider
Business Description
The company is a provider of premium single-use towels that serves a diverse clientele including fine dining establishments, luxury hotels, airlines, country clubs, spas, and medical organizations. The company delivers solutions designed to elevate the guest experience and promote comfort, wellness, cleanliness and customer loyalty.
Key Aspects
• The company maintained impressive average gross profit and adjusted EBITDA margins of 65.4% and 28.5%, respectively, from 2022 through 2024.
• In-house production capabilities allow the company to provide consistent product quality and maintain control over lead times.
• Eco-friendly, biodegradable products are offered that align with growing demand for sustainable solutions.
• Client branding is supported through a robust, private-label program with customizable packaging and towel presentation.
• The company is strategically located near a major international airport, enabling efficient nationwide distribution, according to management.
Opportunities
• Drive expansion into new and existing verticals and geographies through the company's existing scalable operating model.
• Expand the range of scents and textiles available.
• Extend product line to target the childcare and paid public entertainment markets, such as daycares, zoos, and museums.
• Further automate the processing equipment to reduce production costs and increase production capabilities.
• Management notes that any customer service business can benefit from offering refreshment towels.
• Market branded packaging to retail outlets such as home improvement stores or companies like Harley Davidson.
Headquartered
• Southwest U.S.
Current Markets
• The company serves the hospitality and wellness industries across the United States, including restaurants, dental and medical facilities, airlines, country clubs, hotels, casinos, and cruise lines.
Real Estate
• The company operates from a 12,620 sq. ft. facility. The location supports manufacturing, storage, and distribution and offers logistical advantages due to its proximity to a major airport. The facility is leased from an unrelated third party, with a lease that is assumable by new ownership post-sale.
Shareholder Objectives
• The company is owned by one majority and two minority shareholders. One minority shareholder is willing to remain with the company following a sale, while the remaining shareholders are open to negotiable transition periods and full exits post-sale. All owners are open to a variety of deal structures to facilitate a transaction.
Key Aspects
• The company maintained impressive average gross profit and adjusted EBITDA margins of 65.4% and 28.5%, respectively, from 2022 through 2024.
• In-house production capabilities allow the company to provide consistent product quality and maintain control over lead times.
• Eco-friendly, biodegradable products are offered that align with growing demand for sustainable solutions.
• Client branding is supported through a robust, private-label program with customizable packaging and towel presentation.
• The company is strategically located near a major international airport, enabling efficient nationwide distribution, according to management.
Opportunities
• Drive expansion into new and existing verticals and geographies through the company's existing scalable operating model.
• Expand the range of scents and textiles available.
• Extend product line to target the childcare and paid public entertainment markets, such as daycares, zoos, and museums.
• Further automate the processing equipment to reduce production costs and increase production capabilities.
• Management notes that any customer service business can benefit from offering refreshment towels.
• Market branded packaging to retail outlets such as home improvement stores or companies like Harley Davidson.
Headquartered
• Southwest U.S.
Current Markets
• The company serves the hospitality and wellness industries across the United States, including restaurants, dental and medical facilities, airlines, country clubs, hotels, casinos, and cruise lines.
Real Estate
• The company operates from a 12,620 sq. ft. facility. The location supports manufacturing, storage, and distribution and offers logistical advantages due to its proximity to a major airport. The facility is leased from an unrelated third party, with a lease that is assumable by new ownership post-sale.
Shareholder Objectives
• The company is owned by one majority and two minority shareholders. One minority shareholder is willing to remain with the company following a sale, while the remaining shareholders are open to negotiable transition periods and full exits post-sale. All owners are open to a variety of deal structures to facilitate a transaction.
Listing Info
- ID
- 2411192
- Listing Views
- 35
Attached DocumentsAttachment Disclaimer
Listing ID: 2411192 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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