CoOp_Laundry_Logo_Black_Pos.png

COMPANY DESCRIPTION

Cooperative Laundry (“Co-Op”) is an innovative commercial laundry business that combines the latest commercial laundry technologies with superior and consistent quality thereby delivering exceptionally efficient, best-in-class commercial laundry services to hotels. Co-Op will be focused on serving the housekeeping laundry needs of the hospitality industry with a service radius of 2 hours from the Greater New York Metro Area.

DEAL DESCRIPTION

Cooperative Laundry is raising $12,500,000 in equity to develop a state of the art facility located in Kearny, New Jersey. The plant is scheduled to become operational in the fall of 2018. 


KEY DEAL TERMS

DEAL TYPE: Project Finance
GENERAL PARTNER: Kuzari Group
MANAGEMENT TEAM: Incumbent

KEY DEAL TERMS

TOTAL INVESTMENT AMOUNT: $12,500,000
UNIT SIZE:  $250,000
CLOSING DATE:  7.31.2018

KEY L.P. TERMS

L.P. CAPITAL:  Preferred Equity
CARRIED INTEREST:  49% of Common
ASSET MANAGEMENT FEE:  2% of Revenue

Cooperative Laundry Brochure



Kuzari Group LLC (“Kuzari”) is not registered as an investment adviser with the U.S. Securities and Exchange Commission, any state regulator or any other regulatory body. Nothing contained on this website may be construed as investment advice. Investments in private company securities may not be suitable for all investors. Investments in private company securities are highly speculative and involve a high degree of risk and should only be considered as long-term investments. Prospective investors should be prepared to withstand a complete loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment also carries its own specific risks and prospective investors should complete their own independent due diligence regarding each investment, including obtaining additional information about the company, opinions, financial projections and legal or other investment advice. As such, investing in private company securities is appropriate only for those investors who can tolerate a high degree of risk and do not require a liquid investment. The information contained on this website neither constitutes an offer for nor a solicitation of interest in any private company securities. If an indication of interest is provided, it may be withdrawn or revoked, without obligation or commitment of any kind prior to being accepted. Any offer, solicitation or sale of any securities will be made only by means of a private placement memorandum or other offering document. No money or other consideration is being solicited, and none will be accepted without a prospective investor having been provided the applicable offering documents. Certain information contained on this website has been obtained from published and non-published sources prepared by unrelated third parties. Kuzari has made no effort to verify the accuracy of any third-party information and does not warrant the truthfulness or completeness of any third-party information. Kuzari expresses no opinion as to the suitability of any transaction for any prospective investor, and each prospective investor should make his, her or its own independent investigation of the suitability of any proposed transaction based on the facts and circumstances of such person’s financial situation, and Kuzari strongly recommends consultation with legal or financial advisors prior to making an investment decision.