Wholesale Manufacturer | Laundry Bags | Net $150k | Owner retiring

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Asking Price:
$265,000

Gross Revenue:
$485,000
Cash Flow:
$150,530
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Well established over 20 yrs, wholesale manufacturer of premium laundry bags. Gross sales over $485k with a net of $150k. Huge potential to increase sales with an eager owner-operator. This 1500 sq ft operation is one of the few located in the heart of the laundry industry. Low expenses, low payroll, high profit margin makes for a great, easy to run, money maker. Owner retiring, will train, entertaining all offers.

About the Business

Real Estate:
Leased
Lease Expiration:
8/10/2028
Website:
www.eastcoaststores.com
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About the Sale

Reason For Selling:
Retiring
Training/Support:
Seller willing to train new owner

Listing Info

ID:
1536674
Ad Detail Views:
82

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Business Listed by

Henry Galasso

East Coast Stores NYC, Long Island, Westchester

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Source: Decennial Census (2010), United States Census Bureau.

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