Business Overview:
COVID resistant industrial cleaning, safety, and PPE supply business available for immediate acquisition. With over $3.6 Million in revenue for the last 5 years in a row, this business represents a great opportunity to add cash flow to your portfolio. For over 15 years this business has served as a one stop shop for commercial safety and cleaning products. With a book of repeat fortune 500 customers, this lucrative and reliable business has experienced an uptick in sales due to increased sanitation needs. The proposed deal structure will include receivables, payables and inventory, valued at approximately 540k as of July 2020. If a buyer prefers not to take A/R and A/P we can adjust the price accordingly. Current inventory is valued at $312k and that will fluctuate in the normal course of business.
The sellers are fully committed to an in-depth transition. Furthermore, two of the three owners are willing to stay on for an extended transition if the new owner likes. The business is located approximately 1.5 hrs west of Chicago and operated out of a 35,000 SF owned facility. The business can be relocated if necessary, but the current location works well for the employees and keeps overhead low.
This is an incredible opportunity to acquire a business with a diverse base of repeat customers, a product line that has experienced increased demand due to the pandemic and is capable of producing positive cash flow year after year. Please email info@lighthousebusinessbrokers.com to sign the NDA and receive the prospectus for this listing.
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Property Features and Assets:
35,000 Square Feet facility located approximately 1.5 hours west of Chicago. Low overhead and easy access to the customer base. All FF&E included.
Market Competition and Expansion:
The business offers great customer service, on time deliveries and competitive pricing.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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