Commercial Cleaning And Restoration Products Business

Price: $545,000

Annual Revenue: $563,658

Net Cash Flow: $208,537

Industry: Distribution

Location: Suffolk County, NY

This company is in the business for over 20 years servicing the Commercial Cleaning and Restoration Business needs. The company has territorial rights with many of the manufacturers of the equipment and chemicals – hence competition is limited. There are multiple sources of revenue streams. The company also enjoys a customer database of over 1000 wholesale clients. They were also number 1 in sales when hurricane Sandy devastated the NY and surrounding areas out of the 70 authorized sales center in the country. Recently they sent equipment to Texas and Florida for the cleanup efforts.

Four different revenue streams

1. Retail and Wholesale storefront
2. Full service repair shop
3. Equipment Rentals
4. Training/Certification for businesses

The company is beginning to sell their products on Amazon because of their exclusivity with the manufacturers. This will be a great stream of income once all setup.

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,600
Lease Expiration:
11/1/2022
Employees:
4
Facilities:
The facilities are located in a commercial Park, with 4600 Sq. feet of space. The current lease expires in 5 years but the landlord will provide a new lease to the new owner. The lease terms are in 5-year intervals. The location is within minutes of Long Island Expressway.
Competition:
There is no real marketing in place. The customer finds the company through word of mouth or doing online searches. In addition the manufacturers also recommends the company since they are the only authorized retailers to sell their products. This business has it’s own loyal following.
Growth & Expansion:
Someone with energy and passion can take this company higher by focusing on the below: 1. Include Janitorial products (currently does some janitorial work from other firms) 2. Expand online with the products offered 3. Do outside sales, introduce new products, the owner will completely train

Support & Training:
1 Partner is looking to retire and permanently move to Florida, the other partner is willing to stay for a long time 30 days transition time will be provided
Reason for Selling:
Retirement and Burnout for running the business for 20 years

Listing Details

Inventory: $70,000