Distributor of Mats, Janitorial Supplies/Equipment

Houston, TX
Harris County


Asking Price: Annual Revenue:
$795,000 $821,100

Wholesale/Distribution: Durable Goods


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RE: Distributor of Mats, Janitorial Supplies/Equipment Broker: Frank Stabler

Quick Facts

Asking Price: $795,000
Annual Revenue: $821,100
Net Profit: Not Disclosed
Cash Flow: $238,038
Total Debt: Not Disclosed
FF&E: $130,500
Real Estate: Not Disclosed
Year Established: 1945
Employees: 1
BBN Listing #: 774613260
Broker Reference #: 8244

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Business Overview:

This company is a distributor of industrial matting, foggers, janitorial supplies and janitorial equipment to wholesale and retail businesses. The company has long, solid roots in Houston that trace back as far as 1945. The current owners are retiring. The primary revenue generator for the company is a broad line of industrial mats, including absorbent mats, et area mats, anti-fatigue mats, anti-static mats, anti-vibration and acoustical mats, entrance mats with company logos, weight room mats, rotary table mats and other mats that meet just about any industrial or commercial requirement. They also carry commercial foggers that are typically used for mosquito control; however, they can also be utilized for widespread cleaning and disinfection of indoor facilities which is beneficial for virus control. Customers can be found in nearly any industry including restaurant, oilfield, construction, contracting, manufacturing, healthcare, marine, schools, churches and property management. Many customers have been with the company for over 20 years and provide recurring revenue. Revenue was off 25% during 2020, but business is expected to return to previous levels of profitability as the impact of the pandemic diminishes. The company is a great platform for a new owner to bring energy to the sales process, which should result in immediate growth. The buyer has the option to purchase the property for an additional $440,000. Please refer to CBB Listing #8244

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Property Features and Assets:

8295SF freestanding facility on 20,200sf of land

Market Competition and Expansion:

Offer additional products in existing sales line. Increase sales efforts. Emphasize use of foggers for disinfecting large areas, Expand advertising.

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.

Documents:

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