Importer and Distributor of Vapor Cleaaning Equip

Not Disclosed, MI
Oakland County

Metro Detroit


Asking Price: Annual Revenue:
$200,000 Not Disclosed

Wholesale/Distribution: Durable Goods


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RE: Importer and Distributor of Vapor Cleaaning Equip Broker: Glen Toadvine
Owner Financing is Available!
Negotiable

Quick Facts

Asking Price: $200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
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:

The owner of this 25-year-old company is ready to sell the business and retire. His career has been the owner of multiple businesses all of which have been sold with the exception of this one.

The company imports a line of both proprietary dry vapor cleaning systems designed and built for commercial use. The equipment runs at a temperature of 311 degrees and a pressure at the nozzle of 72 PSI.

Current customers include distributors, commercial end users and the rental businesses. The company also offers parts, service and warranty work as needed. Equipment is sold throughout the US and Canada at margins over 60%. This business would be a great add-on to a business already in the distribution of commercial cleaning equipment. It is currently located in a suburb north of Detroit but could easily be relocated anywhere.

2019 has started out as an excellent year having sold well over a hundred machines already in the first quarter. Based on this the year so far, sales should be a recent record. Ideally this product has been and should continue to be displayed at trade show such as the ISSA, ICA, and the IRA (American Rental Association)

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Property Features and Assets:

This business is relocatable anywhere in the US.

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.

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