JanSan Supply and Service Company

Kansas City, MO
Jackson County


Asking Price: Annual Revenue:
$1,200,000 Not Disclosed

Services: Cleaning


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RE: JanSan Supply and Service Company Broker: Rex Reinhardt

Quick Facts

Asking Price: $1,200,000
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: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 716941672
Broker Reference #: Not Disclosed

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Business Overview:

Priced to sell. Client wants NDA signed before disclosing financials.

Project Clean is a retailer/distributor of cleanroom, safety, janitorial and packaging supplies in the Midwest. Its sister company is a Janitorial Service company that is also for sale with as a “packaged deal”, both owned by the same family. Based in the Midwest, the company has had a successful 30 years in business, and the owners are now seeking retirement. The company is a proven performer with a strong record of excellence in servicing its customers and their respective distribution requirements. Ownership is seeking an outright sale, and would stay on board with the new ownership as needed to transition the business.

Business Highlights:
- Company Growth: Management sees growth opportunities across all facets of the company: adding a (currently non-existing) Sales and Marketing team, better online presence, less competition regionally, and continued product line/diversification. Current customers with multiple locations in various cities have asked the company to branch out with them, which is a big opportunity for new ownership.
- Market Channels: The company distributes its products to mostly walk-in customers.
- Competitive Advantage: The company distinguishes itself from its competitors by distributing high-end, name-brand products to walk-in customers and has a Janitorial Service company to further push its product through the end of the supply chain.
- Management: The two companies is owned by a family, who has owned the two companies for decades. After leading Project Clean for multiple decades, the owners believe the company is in good standing and is well-positioned for a transition in ownership. They are prepared to help through a transition period post-close.
- Industry Growth: Today, cleaning products are in high demand as more individuals and organizations express their concerns over Covid-19 impact, for proper hygiene and cleanliness in our environment and workplaces. The Jan-San industry has the second-highest growth potential of all distribution sectors, indicating the market is ripe for expansion. Demand for janitorial services has benefited from the growth of corporate profit, which increased at an annualized rate of 1.9% over the five years to 2019.
- Financials: 2020 being a “breakout year” due to the demand for supplies amidst Covid-19. 2021 is very strong so far as well.

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Property Features and Assets:

Building is a storefront on a busy street. Business owner owns the RE. Would sell or lease.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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