Business For Sale

Distributor of High Margin Proprietary Equipment

Metro Detroit, MI
Oakland County


Asking Price: Annual Revenue:
$200,000 $225,000

Wholesale/Distribution: Durable Goods


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RE: Distributor of High Margin Proprietary Equipment Broker: Glen Toadvine
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $200,000
Annual Revenue: $225,000
Net Profit: Not Disclosed
Cash Flow: $95,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 19925
Employees: 3
BBN Listing #: 963331216
Broker Reference #: GT1092717

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Business Overview:

This enticing company was established as a hobby business by the owner of a number of other businesses. Now, 25 years later, he is ready to sell the business and retire. His decision could be your opportunity.

The company imports a line of both proprietary and standard dry steam vapor cleaning systems designed and built for commercial use. Current customers include both commercial end users and rental businesses. The company also offers parts, service and warranty work as needed. Equipment is sold throughout the US and Canada at margins which have averaged a jaw-dropping 68% over the past three years.

The equipment is stocked in a small (3,000 square foot) warehouse which is leased from a third party, It is currently located in a suburb northeast of Detroit, but could easily be relocated anywhere. Ideally, the buyer will have an existing facility and staff that would eliminate most of the overhead costs associated with the current business.

This is an excellent opportunity for an energetic buyer wishing to grow this unique business, or a great add-on for a company already in the cleaning equipment/supply industry. The business, which has averaged $250,000 of annual sales over the past four years, most recently it produced an adjusted cash flow of $95,000. The business is listed at $200,000 plus an inventory of approximately $150,000. A meaningful seller note will be available for a qualified buyer.

To learn more about this intriguing opportunity, please contact Glen Toadvine or email us.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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