MergerPlace

Profitable Cleaning Solution Wholesaler

Maryland (Baltimore)


  • Asking Price: $1,425,000
  • Gross Income: $1,448,992
  • Cash Flow: $372,514
  • Real Estate: Not Disclosed
  • Inventory: $60,431
  • FF&E: $213,756
  • Listing ID: #224862
  • Established: 2009
  • Employees: 3 FT / 2 PT

Business Description

Founded in 2009, this extraordinary chemical wholesale supply business has enjoyed strong profit levels year over year and fared very well in the difficult COVID-19 environment. The owner has a deep passion for the business and developed a strong business plan to compete with larger suppliers, focusing on exceptional customer service and an eco-friendly, highly effective product from a dedicated manufacturer. While major chemical suppliers sometimes market diluted product formulations to increase profits, this company maintains a strong customer focus delivering ecologically friendly products that perform equal or better than other product lines. In addition to formulations, the company offers ADS dish machines and a full line of ware washing, laundry and housekeeping products. In response to the COVID-19 pandemic, the company provides a wide variety of COVID-related, EPA-registered products.

The company market includes Maryland, Northern Virginia and the District of Columbia.

Customer industry lines include restaurants, food processing plants, laundry, hotels, odor control, janitorial, fitness, golf/country clubs, fitness centers and nursing facilities. Product lines also include EPA registered cleaners and sanitizers, NSF approved food processing plant cleaners, and kosher-approved products, along with multi-year contracts leasing dish machines in food service areas.


Business Details

Primary Business Category: Manufacturing - Chemical
Location: Maryland
County: Baltimore

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT / 2 PT

Financial Information

Asking Price: $1,425,000
Gross Revenue: $1,448,992
Cash Flow: $372,514
FF&E: $213,756
Inventory: $60,431
Seller Financing Available: No

Property Information

Facilities:

The 4,800 SF leased space is located in Baltimore. Current lease expiration is 7/31/2024.

Growth & expansion opportunities:

The business has enjoyed consistent revenue and strong profit levels year over year and fared very well in the difficult COVID-19 environment. One path for increased growth is through upsizing the sales team and increasing social media advertising.

Competition:

Competitors are mainly larger companies. The company's edge over competitors is found in its approach to customer service, product quality and staff knowledge.

Reason for selling:

Owner would like to retire.

Support & Training:

Will train for 4 weeks @ no cost This company is the wholesale supplier of ware washing, laundry, and housekeeping products.

Contact Business Seller

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Business Listed By:

Michele Pouliot

Murphy Business Brokers