High End Hotel Linen Supply worldwide -959363-NG

Listing Number: 9525-959363

Description

The family has been producing these fine textiles for about 88 years. The brand currently has a contract to supply all the bed, Bath, Table Linen and Accessories to Luxury HotelBrands worldwide. Manufacturing and distribution with Pick & Pack Services are available form seller at buyer request. The factory will continue to produce the items to their high standards with a Royalty of 2% for the use of the Brand. $500,000 down payment with 10% of sales towards completion of sale price>

Listing Details

• Price: $3,250,000
• Down Payment: $500,000
• Sellers Discretionary Earnings: $1,150,000
• Total Sales: $5,000,000
• Location: Rockbridge County, Virginia


• Inventory: $300,000
• FF&E: $0
• Employees:
• Reason for Selling: Concentrate on Manufacturing
• Category: Internet Related