Sell a Business

Listing ID: 21880 Last Refreshed: 07/04/2021 Total Views: 53

Linen Hire And Retail Business For Sale

Melbourne - Melbourne City

Asking Price: $100K - 200K
  • Premise Type N/A Premise Size N/A
  • Monthly Rental $1,800 Rental Desposit N/A
  • Revenue $43,333 Cash Flow N/A
  • Gross Profit N/A Net Profit N/A
  • Stock N/A Liability N/A
  • Payable N/A Receivable N/A
  • FFE N/A Established N/A
  • Owner Role Full Time Staff N/A
  • * Revenue, Gross Profit, Net Profit, Cash Flow are based on Monthly average
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Reason For Sale

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This linen hire business has been supplying premium linen for weddings, corporate and private events for 25 years. It has a vast range of quality linen (including weaves, damask, brocade, velvet, chiffon and more) in an array of colours. 

This linen hire business provides luxurious tablecloths, napkins, table runners, place mats, chair covers, vases and votives.  All are made with premium textiles and quality fabrics in a variety of colours, fabrics and textures.  It also sells tablecloths, napkins and placemats. 

This hire business stands out by offering premium service with good communication with clients in order to provide the clients with best look, feel and atmosphere for their special event.  

Works with all industries including private, corporate, weddings, galas, media/TV, PR agencies and production houses. Has been featured in magazines and online blogs such as Better Home & Gardens Australia, Modern Wedding Magazine and more. 

No job is too big or too small, this business will provide linen hire for small intimate parties up to large scale galas or events. 

Operates out of a warehouse, servicing the greater Melbourne area. 

Has excellent website featuring all the products for hire and for sale.

Turns over approx. $520,000 per year with rent of $1,800 per month incl. GST. Lease of 3x3 commenced January 2019. 

Owner works part time with 2 part time staff. 

Warehouse operates Monday - Friday 9am - 5pm; Saturday by appointment only. Usually clients will call or do online consultations to discuss the best options for their events. 

For more information and to organise an inspection contact Chris Panagiotidis 0433 582 533 or Elle Likopoulos on 03 9566 7300.

Ref: B13921

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