MergerPlace

Water Treatment

Florida


  • Asking Price: $4,700,000
  • Gross Income: $4,151,870
  • Cash Flow: $774,876
  • Real Estate: Not Disclosed
  • Inventory: $275,756
  • FF&E: $1,895,737
  • Listing ID: #222160
  • Established: 2000
  • Employees: 80 FT

Business Description

This business provides integral solutions for Water Treatment with the best quality and lowest cost to customers in the sectors of Hotels, Industrial and Residential area. The business started operation in the year 2000. They are the largest provider of Water Treatment Service in Quintana Roo, servicing an estimated 55% of the Cancun and Rivera Maya Hotels, with a list of 115 costumers. Among the services provided: pools, chemical manufacturing, water treatment plant, reverse osmosis, industrial systems maintenance, on-site chlorine generation, physicochemical analysis and pool operators certification. The company manufactures its own line of products, maximizing profitability margins and reinforcing the branding. The business owns a patent. The business has experienced a constant growth and is projected to continue growing. Covid-19 impacted the business in a minor way and opened the door for new lines of revenues. The business has obtained awards such as: Scientific and Technological Business 2009 and Royal Crown Award of Excellence.


Business Details

Primary Business Category: Services - Other Services
Location: Florida

Company Information

Year Established: 2000
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 80 FT

Financial Information

Asking Price: $4,700,000
Gross Revenue: $4,151,870
Cash Flow: $774,876
FF&E: $1,895,737
Inventory: $275,756
Seller Financing Available: No

Property Information

Facilities:

Main offices located at an office building in Cancun, Mexico. The real estate is not part of the Listing but can be added or negotiated with the sale, the building is worth $750,000. This is a stand alone business with 10,000 sq ft. Divided as follows: 30% office space, 20% parking and 50% warehouse. The rent would be for $2,500 per month.

Growth & expansion opportunities:

Average sales growth from 2006 to 2019 was 15.61%, expected sales growth for 2020 to 2023 is 17%. As the hotel room market is constantly growing in the area, the business can grow with the market. In addition there are other areas where the business can grow, such as sanitation where the business started offering services due to the Covid-19.

Competition:

The largest of the firms that compete with them in this area has less than 30% of the market share, the rest are all small firms. This company covers all the areas of Water Treatment while the competition does not, therefore customers prefer a Full Service Company for all their water treatment needs.

Reason for selling:

Retirement.

Support & Training:

Will train for 4 weeks @ no cost The business is CPO certified and is in the process of obtaining an ISO 14000. Permits and Licenses are transferable to the new owner. The following services are offered in projects ranging from small residential to large tourist hotel complexes. - Pools providing a full service: from the planning, equipment, and installation to the supply of all necessary chemicals for its maintenance. - Water treatment plants. - Chemical Manufacturing - Reverse Osmosis sale or lease of equipment, installation, and/or water selling. - Industrial Systems maintenance and protection of HVAC equipment. - On-site chlorine generation by salt electrolysis.

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Business Listed By:

Jorge Benejam

Murphy Business Brokers