Description
Disrupting Laundry & Linen Management
Northeast US
Seller Financing not available
Zip Code: TBD
County: TBD
Asking Price: Best Possible Offer
Cash Flow: NDA Required
Gross Revenue: NDA Required
EBITDA: NDA Required
FF&E: NDA Required
Inventory: N/A
Established: 2012
Employees: 2
Business Description
Get in bed with the biodegradable bedding brand that’s disrupting laundry with a simple, soft and sustainably disposable alternative.
The uniquely comfortable, convenient and compostable bedding simplifies linen management for hundreds of universities (UVA, Harvard), leading hospitals (NY Presbyterian, Banner Health), camps, spas and short-term rentals. New global partners (Sysco Guest Supply, Medline) are opening channels for widespread distribution.
Born, bred and bootstrapped by 2 founders, the business is ready to scale its ecommerce success in higher ed to meet recent demand in healthcare.
First Mover Advantage – Pioneer of new category for eco-disposable textiles, with the first and only compostable and comfortable bed linens
Game-Changing Innovation – Proven value to “Meds and Eds” is transforming linen management in huge, high potential sectors
Consistent, Cost-Efficient Growth – Consistent growth through a lean structure and plug-and-play ecommerce model that enables scalability, optimization and margin growth, with LTV of 7x CAC
Sustainable Solution – USDA-certified 100% biobased products that are compostable, chemical-free, responsibly sourced and produced; saving water, energy and carbon emissions
Market Validation – WBENC-certified WOSB with strong market validation from institutions (top universities, hospitals, US Navy), industry recognition for innovation (Visionary award finalist, 17 Women to Watch), and global media attention (front page of USA Today, CNBC, The View, Today Show, Entrepreneur, London Evening Standard, Boston Globe, Bloomberg Businessweek)
NDA is required {SUBMIT BELOW} to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
None. Third party warehouses used for inventory.
Competition:
The company has three main competitors who offer inferior product in terms of compost-ability and comfort.
Growth & Expansion:
The company has garnered considerable PR and several substantial clients. Growth will come from expanding efforts, verticals, products, and adjacencies.
Financing:
TBD
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason for Selling:
The current owners wish to pursue other opportunities.
ProNova Partners Buyer Profile & NDA
***RED STARS ARE REQUIRED FIELDS*** This information is required and must be filled in completely before the Seller will release any vital information, including business address, financial due diligence package on file, and other sensitive confidential information. It will also be used by ProNova Partners to match your buyer profile with future similar engagements our firm has for sale. * Required