HIGHLY PROFITABLE AMENITY AND SPECIALTY SUPPLIER TO BOUTIQUE HOTELS AND HOSPITALITY INDUSTRY
(HOSPITALITY, AMENITIES SUPPLIES, LINEN SUPPLIES, PERSONAL CARE PRODUCTS)
FAIRFIELD, CONNECTICUT
Listed Price: $ 3,495,000
Listing ID: XCCT888092
Listing DetailsGross Revenue: $ 3,700,000
Cash Flow: $ 750,000
FFE: $ 40,000 (Included in Price)
Inventory: $ 1,200,000
Form of Ownership: C Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN SALE
Listing SummaryBusiness Description:
LEADING AMENITY AND SPECIALTY SUPPLIER TO THE HOSPITALITY INDUSTRY.
Specializing & focused on boutique hotel properties in the United Sates & Caribbean.
The company offers a full array of high quality bed, bath and linen products & supplies.
Specializing in custom work with short run capabilities.
Options include both private label manufacturing and or branded products:
· Towels
· Pool Towels / Lounge Chair Covers
· Bathrobes
· Slippers
· Bed Linens
· Blankets & Bedspreads
· Restaurant Linens
· Personal Care products
· Mattresses
· Umbrellas
Hotel Amenities & Personal Care Products include:
· Fragrant Soaps
· Shampoos
· Creams
· Scrubs
The company’s overseas mills in Turkey, Indonesia, China and Malaysia all use only state of the art technology and the highest quality raw materials.
Ensuring superior quality and durability for all their products.
These fully integrated facilities ensure consistency in all aspects of manufacturing; including weaving, dying and finishing
Historical Summary:
The company was established in 1990 and has operated continuously since then.
There are significant opportunities to leverage and expand the existing business base and grow top line revenues and profits.
Owner Qualifications:
PRIOR BUSINESS EXPERIENCE A PLUS
Competition:
EXTREMELY LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: YES
Monthly Rent: $ 12,500
Square Footage: 10200
Type of Location: Commercial
Facilities:
A 9000 SQUARE FOOT WAREHOUSE AND A 1200 SQUARE FOOT SEPARATE OFFICE, BOTH IN FAIRFIELD COUNTY CONNECTICUT ( 2 SEPARATE LOCATIONS ) OWNED BY THE SELLER.
The Seller will either sell the office and or warehouse locations with the sale of the business ( owned separately ) or offer a long-term lease to the buyer.
(The real estate is not included in the listed price).
OperationYear Established: 1990
Days & Hours of Operation: M-Th 9:00-5:00, F 9:00-12:00
Owner Hours: 40
Employees: 3
Managers: 1
Absentee Owner: No