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Listing Number: 206-21640
Category: Service - Commercial B2B
Asking Price | $249,000 |
Down Payment | $175,000 |
Gross Revenue | $293,000 |
Total Adjusted Net Income | $80,000 |
Equipment / Fixtures | $50,000 |
Year Established | 1977 |
General Location | Jersey Shore |
With repeat-customers and long-standing relationships, this uniform business established 44 years ago is well-known and dominant in the Jersey Shore & New Jersey area. Proudly servicing both local customers and large B2B contracted accounts in the healthcare, schools, industrial, business casual, chef-wear, and restaurant industries. Since 1977, this business has taken pride in the customer service and high-quality products of uniforms for Men and Women at companies of all sizes. Professionalism is important, a neat appearance reflects the company's pride and enables employees to perform at their best. Founder of business looking to retire after 44 years of high-quality products and customer service in the Jersey Shore community. Seller will provide training.
Gross Revenue | $293,000 | Listed Price | $249,000 |
Total Income | $80,000 | Down Payment | $175,000 |
Base Rent | $2,150 | Square Feet | 1200 |
Total Rent | $2,150 | Lease Expiration | 06/2023 |
Rent Deposit | $1,800 | Lease Options |
Inventory | $40,000 | Leasehold Improvements | $0 |
Equipment / Fixtures | $50,000 | Other Assets | Monogramming machine |
Full-Time Employees | 2 | Training Period | 30 days |
Part-Time Employees | 1 | Special License Required | |
Contract Staff | Reason for Selling | Retirement |
The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.
FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.