Proprietary Chemical Manufacturer Real Estate Available! For Sale

Business description

2007 Adjusted EBITDA: $114,196 Property available at 10% cap rate. If purchased, an additional $72,000 would be added to cash flow making a total of $186,196. Proprietary chemical manufacturer and distributor specializing in bulk industrial chemicals. Current product line that includes over 150 polishes, glass cleaners, hand soaps, disinfectants, degreasers, water and boiler treatment products, aerosols and industrial lubricants. Over 80 products are proprietary (exclusively manufactured). Diverse, loyal customer base includes industrial, institutional, commercial and residential janitorial companies, municipalities and government agencies. Excellent reputation for customer service and delivering quality products at a competitive price. Company is located on .45 acres of commercial real estate adjacent to a heavily traveled freeway within the Metroplex and includes office, warehouse and production space.

Property information

Location:

Property for sale at 10% cap rate. If purchased, an additional $72,000 would be added to cash flow. Making the adjusted EBITDA $204,826. Located on a major thoroughfare, the facility sits on .45 acres of commercial real estate and includes office, warehouse and production space. The real estate and building are available for sale and are appraised for $600,000.

Other information

Expansion potential:

Primary marketing strategy has been limited to outside sales people and word of mouth advertising. The company has built solid reputation of quality, integrity and excellent customer service. There exists a tremendous opportunity for future growth should the new owner chose to take a more focused approach with their marketing to include a more expanded website allowing customers to review product offerings, place and track orders and retrieve needed Material Safety Data Sheets for regulatory compliance.

Competition / Market:

Customers for this company specialize in commercial/residential janitorial service, metal processing, water & boiler treatment and industrial cleaning. The company encourages continuous education and training in order to meet the changing requirements of the marketplace. This has allowed them to set themselves apart from their competition. They work with customers to improve their product offerings monitoring current trends in the market and offering the products needed before many of their competitors.

Support & training:

Seller will provide training as needed.

Reasons for selling:

Retirement

Trading hours:

The hours of operation are Monday through Friday from 8 am to 5 pm. The owner recently began opening the business on Saturdays from 8 am to 2 pm.

Financing available:

SBA Approval Pending