MergerPlace

Importer and Distributor of Equipment

Michigan


  • Asking Price: $200,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #213072
  • Established: Not Disclosed
  • Employees:

Business Description

The owner of this 25-year-old company is ready to sell the business and retire. His career has been the owner of multiple businesses all of which have been sold with the exception of this one.

The company imports a line of both proprietary dry vapor cleaning systems designed and built for commercial use. The equipment runs at a temperature of 311 degrees and a pressure at the nozzle of 72 PSI.

Current customers include distributors, commercial end users and the rental businesses. The company also offers parts, service and warranty work as needed. Equipment is sold throughout the US and Canada at margins over 60%. This business would be a great add-on to a business already in the distribution of commercial cleaning equipment. It is currently located in a suburb north of Detroit but could easily be relocated anywhere.

2019 has started out as an excellent year having sold well over a hundred machines already in the first quarter. Based on this the year so far, sales should be a recent record. Ideally this product has been and should continue to be displayed at trade show such as the ISSA, ICA, and the IRA (American Rental Association)

To learn more about this intriguing opportunity, please contact Glen Toadvine (glen@praxisbusinessbrokers.com).


Business Details

Primary Business Category: Wholesale Trade - Durable Goods
Location: Michigan

Company Information

Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $200,000
Seller Financing Available: No

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Business Listed By:

Glen Toadvine

Praxis Business Brokers