Specialty Chemical Manufacturer, w/Growing Export

Not Disclosed, NC


Asking Price: Annual Revenue:
$2,090,000 $3,590,723

Manufacturing: Chemicals


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RE: Specialty Chemical Manufacturer, w/Growing Export Broker: Kimberly Ramsey

Quick Facts

Asking Price: $2,090,000
Annual Revenue: $3,590,723
Net Profit: Not Disclosed
Cash Flow: $400,000
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1949
Employees: 9
BBN Listing #: 13858201
Broker Reference #: 13485-319938

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Business Overview:

Manufacture, blend, process and package high quality lubricants

Continuous business for 50+ years. Current owner has owned for 27 years.

International revenue growth driving estimated 15%+ increase in sales in 2022

Real estate available 14,700 custom built building and 1.5 acres of undeveloped land for expansion with a desktop valuation of $2.16M completed in July 2022

Long-tenured staff, with current owner only working 15-20 hours, making this a semi-absentee ownership opportunity

Phase I environmental successfully completed August 2022 with no further review recommended

Located in a thriving metropolitan area in Southeast US surrounded by 3 major highways.

Originally operated as an oil jobber but transitioned to solely lubricants in 1976. Expanded to existing location in 1995.

A specialized lubricant provider and as such its competitors are also in the specialized market. Competitors include Kluber, QualiChem, Blaser, Quaker/Houghton. Customers rave that reliability of service is one of the company's key differentiators.

Huge potential to expand sales in a wide variety of products in Central America as well as in metal working in the southeastern US. The auto racing industry offers another area of growth but may require additional smaller batch packaging. Additional opportunity to expand market share in other parts of the US.

14,700 pre-engineered metal and split-faced block building custom built for business.

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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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