Listing ID: 72421
INNOVATIVE MANUFACTURER OF HIGH QUALITY, HIGH PERFORMANCE, LIQUID CLEANING CONCENTRATE SOLUTIONS IN 100% WATER SOLUBLE PACKAGING.
These non-toxic, portion controlled, unit-dose pouch system of colored cleaning solutions (the Chemical Concentrates) dissolve in water instantaneously in reusable color coordinated bottles. The unit-dosed system allows for no mess or spillage and perfect dilution every time.
The companies Technology has lead a number of Fortune 500 companies to become Private Label customers.
The companies Simple, Safe & Sustainable Technology has been widely adopted in many types of commercial settings, including but not limited to:
Multi location businesses: Retailers, C-Stores, Gas Stations, Franchises – who are looking to optimize their national buying power, standardize their product procurement and outcomes, without having to install capital equipment in scores, hundreds or sometimes thousands of locations.
Distant and remote businesses: where freight costs often are more than the actual purchase prices of the chemical and cleaning products they are using.
Transparent and accountable businesses: where inventory management is a key driver. You cannot manage what you cannot measure.
Limited space businesses: where weight and space constraints are important considerations such as in retail stores, commercial shipping and recreational marine
Highly mobile businesses: where daily work flow is fluid and requires cleaning product in many locations rather than in any one singular location such as Building Service Contractors.
Proprietary Cleaning Product Solutions Delivered in Water Soluble Packaging
Glass & Hard Surface Cleaner, Citrus All-Purpose Cleaner, Heavy-Duty All Purpose Cleaner, Non-Acidic Bathroom Cleaner, Basin Tub & Tile Bathroom Cleaner, Deodorizer – Autumn Fresh Scent, Neutral Floor Cleaner, Citrus All-Surface Floor Cleaner, Heavy-Duty Floor Cleaner, All Floor Surface Neutralizer & Conditioner, Auto Scrubber Neutral Floor Cleaner, Carpet Pre- Spotter, High Traffic Lane Cleaner, Low-Foam Extraction Cleaner, DeFoamer, Ultra Dishwashing Detergent, Power-Pre-Soak for Flatware, All Clear Laundry Detergent, Spot Remover for Fabric, Waterless Vehicle Wash, Vehicle Wash & Shine, Vehicle Wash, X-Treme Window Cleaner, Boat & Deck Wash
Hand Sanitizer and Disinfectant
The company developed and manufactures its own branded, proprietary, Gel based Hand Sanitizer and is a reseller of a branded EPA Registered Disinfectant in all 50 States in the USA.
The company maintains numerous synergistic relationships with other companies whose product lines, items and accessories they sell.
The company has worked very hard to develop, innovate and certify 10 new cleaning products that meet the strict Green Seal Standards of GS37. Green Seal’s GS-37 leadership standard means a general-purpose cleaning product is safer for human health and the environment compared to conventional alternatives while providing uncompromising cleaning performance. It covers all-purpose, glass, bathroom, carpet, and biologically-active (enzymatic and microbial) products intended for routine cleaning of offices, institutions, warehouses, and industrial facilities.
THE COMPANY PRODUCES PRODUCTS THAT ARE GREEN AND CLEAN, MAKE GOOD FINANCIAL SENSE AND ARE ENVIRONMENTALLY RESPONSIBLE!
The business was purchased in 2012 and is a leader in the innovation of environmentally safe cleaning & packaging solutions for the Janitorial supply industry.
The company has seen explosive growth in recent years with the addition of Hand Sanitizer and Disinfectant to the companies existing portfolio of Cleaning Solutions and Products. 2020 was about Hand Sanitizer, 2021 will be about diversification and in 2022 the company is expected to launch an exclusive Disinfectant product currently in it’s final phase of development.
THE REVENUE IS PROJECTED TO GROW 12% TO $40M IN 2021 AND HIT $50M IN 2022.
THE COMPANY RECENTLY OPENED AN OFFICE AND NEW MANUFACTURING FACILITY ON THE WEST COAST OF FL.
- Asking Price: $70,000,000
- Cash Flow: $15,000,000
- Gross Revenue: $36,378,218
- EBITDA: N/A
- FF&E: N/A
- Inventory: $227,260
- Inventory Included: N/A
- Established: 1968
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:13,000
- Lot Size:N/A
- Total Number of Employees:9
- Furniture, Fixtures and Equipment:N/A
A brand new building with 9,000’ of climate controlled space and 4,000’ of warehouse with ample parking.
Full support and training will be provide
The seller is a successful serial entrepreneur with many business interests.
The venture was founded in 1968, making the business 54 years old.
The transaction won't include inventory valued at $227,260*, which ins't included in the listing price.
The business has 9 FT 8 FLEX employees and is situated in a building with estimated square footage of 13,000 sq ft.
The property is leased by the company for $12,500 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell operating businesses. Nevertheless, the genuine reason vs the one they tell you may be 2 absolutely different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For numerous sellers, these factors are valid. But also, for some, these may just be justifications to try to hide the reality of altering demographics, increased competition, recent decrease in revenues, or a range of other factors. This is why it is extremely essential that you not rely entirely on a vendor's word, yet instead, make use of the vendor's response in conjunction with your general due diligence. This will paint a more realistic picture of the business's current situation.
Existing Debts and Future Obligations
If the existing entity is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Many companies finance loans so as to cover items like supplies, payroll, accounts payable, etc. Keep in mind that in some cases this can suggest that profit margins are too thin. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be met or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area attract brand-new clients? Most times, companies have repeat consumers, which create the core of their daily revenues. Certain aspects such as brand-new competition sprouting up around the area, road building and construction, and also personnel turn over can affect repeat clients and adversely impact future revenues. One important point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the highway? Clearly, the more individuals that see the business on a regular basis, the better the opportunity to develop a returning customer base. A last thought is the general location demographics. Is the business situated in a densely populated city, or is it situated on the edge of town? Just how might the neighborhood median household income effect future income potential?