Just Listed! Event Linen Rental Business For Sale1111 Flint Road -
Talk of the Table has the latest trends and designs in the event linen rental industry. Over the past 10 years, they have grown into a full scale event decor company specializing in table lines, chairs, complete room draping, props, accessories and more. They strongly believe that Quality, Service and Style is key to keeping them number one in the event rental industry. They ship quality linens all over North America to those who want the very best.
The one goal is to provide that extra touch of elegance and style, making every event an occasion to be remembered, their reputation is on the table! This rare opportunity can be yours, we are a click away. This sale is a complete turn key business with sales documented that range from $8000 to $12,000 in weekly volumes (time of year fluxuates due to holidays and seasons). The average of the last four years (2013/4/5/6) of average sales are $434k annually.
All cleaning and laundry is performed by trained staff and all done in house with all commercial cleaning equipment owned and included in the sale price. The Staff want to remain with new operators, and the seller will also provide ample training for the transition to the new operators.
There are many ways to expand, current clients base is all event planners, banquet halls, caterers and wholesale. Very limited retail and by appointment only to the end user.
Great opportunity for someone looking for large client list and turn key cash flow business. This is an established business (10 Years) and Clients are serviced in all of Ontario and to major cities with overnight courier capabilities across Canada.
Long term lease in place YEAR 1- $5.25 NET, PLUS T.M.I. $5.06 p.s.f. per year. You will need to be approval by the landlord for the balance of the 5 year Lease to April 30, 2021. Current Lease has increases of $0.25 cents per year, plus you have a 5 year option in April 2021 for another 5 year term.
- ID: W4048551
- Status: Active
- Neighbourhood: York University Heights
- Property ID: 101302512
- New Construction: No
- Style: Commercial
- Building Size: 6043