| Asking Price |
$294,000 | Inventory |
$16,000* |
|---|---|---|---|
| Gross Income |
$385,055 | Real Estate |
|
| Cash Flow |
$87,676 | Year Established | 1995 |
| FF&E |
$35,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
This well established ultra violet water purification company manufactures a water filtration system that controls the growth of microorganisms , giving the customer water disinfection in compliance with ADA and CDC pure water standards. It is presently servicing a particular segment of a potentially vast market. There is only one competitor which has fewer products and charges more than twice the price for their products. Three patents are included in the selling price. Employees have been with the business for many years and are willing to stay. The products can only be purchased through sales representatives of which there are currently 20 nationwide. There is room to increase sales with present customer base as well as by adding more sales reps or introducing the product to other industries The ideal buyer would be someone in a related field that can benefit from 99% pure water purification. The buyer needs good management and marketing skills. A degree in engineering would also be helpful but not absolutely necessary. The owner is of retirement age and in poor health. Sales are up 38% the first two months of 2008. This would be a wonderful opportunity for the right buyer .
Facilities: Facility is approximately 1600 square feet. The space is adequate for the companies current needs. Parking is ample and the rent is very reasonable. This is a well kept newer complex. The lease expires the end of March 2009 Renewals are available but if the buyer wishes to relocate the business, this would be the ideal time to do so.
Competition: The water purification market is about to explode. Currently there is only one competitor nationwide. The competitor has fewer products and charges substancially more for their products.
Growth/Expansion: This company has been the leader in ultra violet water purification, virus free systems for medical related offices and buildings since 1999. The industry has hardly touched the surface regarding the medical establishment in need of purified water Hospitals,dental practices, veterinary practices are just a few examples of potential customers in need of this survice . Large cities are unable to drink or bath in the water supplied to them. Increased system sales will force an increase in the sales of water filters, which can grow into another major sourc
Financing: Seller prefers cash. Would consider some terms.
Support/Training: Seller will train for 30 days . IA longer training period is possible if necessary. The owner will be available for additional consultation.
Reason Selling: Seller has health problems. It is time to retire.

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