Established Kane County Vaporizer Manufacturing And Distribution Business For Sale

Business description

The company manufactures and distributes waterless vaporizers, dehumidifiers, air purifiers and aromatherapy units for home and auto marketplace. There is also an active new product pipeline. The business has a presence in US and European markets with a customer base that includes a number of Fortune 500 companies. The business has an established brand and a patented product line giving it a competitive advantage in the marketplace. The company recently received an order commitment from a nationally based distribution association which is expected to significantly increase sales. Sales volume has averaged $223,000 with approximately $35,000 in discretionary earnings for the past four years. The asking price of $350,000 includes $160,000 of equipment, 5 patents, licenses, UL certifications and trademarks. Also included is $301,000 worth of inventory at cost.

Business Operation

Expansion potential:

The company recently received an order commitment from a nationally based distribution association which is expected to significantly increase sales. There is opportunity to develop private label for Fortune 500 companies such as Wal-Mart and Walgreens.

Competition / Market:

The Business is in a mature industry with small group of competitors

Reasons for selling:

One of the business partners is looking to transition out.

Employees:

1ft/1pt

Years established:

19

Other information

Support & training:

The owner is willing to help with transition over reasonable time frame

Owner financing:

Owner financing is available. Please contact the seller for more information.

Furniture / Fixtures value:

$160,000 (included in the asking price)

Inventory / Stock value:

$301,000 (included in the asking price)