| Asking Price |
$150,000 | Inventory |
$50,000** |
|---|---|---|---|
| Gross Income |
$195,225 | Real Estate |
|
| Cash Flow |
$70,000 | Year Established | 1963 |
| FF&E |
$10,000* | Employees | 1 |
* included in the asking price
** not included in the asking price
Long established distribution company sells and distributes quality maintenance products to end users in small to medium companies and municipalities. Produces and private labels a line of proprietary cleaning products. Owner has let business decline slightly due to age related reduction in work hours. Substantial growth could be available to a buyer who has the desire to grow the business. The seller has concentrated on selling to companies up to the mid-sized market with many larger area companies not being approached. The industry segment has a good outlook. Ambitious owner could take sales to over $500,000 and SDC well over $100,000 by consistently putting in a 40 hour work week. Owner currently works 3-4 hours a day and commissioned salesperson ($25-35,000/year commissions, highest year $62,360) works about to 1day per week. Seller wants to stay involved in sales activities following the training period. Near new pickup truck (4,000 miles) available separately.
Facilities: 4000 SF rented space in large industrial building. $625/month, utilities included.Assets include 2 forklifts, several Stainless Steel mixing tanks, transfer pumps, shop equipment,Office furniture, numerous chemical shipping drums and 2 semi-trailers used for storage. Dock space.
Competition: Competition is minimal for quality products. Most competition is mail order catalogs. The industry segment has a good outlook. Proprietary line of cleaners/degreasers.
Growth/Expansion: There is a huge market available since the seller believes that his sales represent a small portion of the market in this area. Seller has not been calling on larger corporations, school districts or street departments. A few of these alone could double sales.
Support/Training: 3 months of training included. The seller will train and work with a new owner as needed. Seller will provide all formulas for products and train buyer in mixing and production techniques. Seller will work with buyer to introduce new territories and new customers.
Reason Selling: Age related reduction in work hours. Would like to stay involved with company s

Paul Lourash
217-429-3170
Main Street Business Associates LLC
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