Annual Revenue: $3,113,867
Net Cash Flow: $503,998
Location: Norfolk County, MA
Since 1988 this business has been satisfying clients, providing water treatment solutions to residents and businesses. They have partnered with the leading manufacturer of high-end water treatment products. They have exclusive distribution rights in both MA & RI. In addition, they are the exclusive water filtration service provider in 49 Home Depot stores throughout MA & RI. Revenue comes from product sales, recurring service on proprietary products, and bottomless water cooler leases & recurring renewals. Each source generates a well balanced 1/3 of the total Gross Revenue. Their large client base consistently recognizes them as one of the Home Depots highest rated service providers. This 30-year-old established business is well positioned for continued success with tremendous upside growth potential.
Inventory: $75,000 (Included in Price)
Reason For Sale:
The sellers want to move toward retirement.
Training & Support:
The seller will to help the buyer ensure a successful transition.
Year Established: 1988
The building is leased and is approximately 3,000 sq. ft. which includes multiple offices, warehouse and storage space, and a service area. It is conveniently located to serve their MA & RI clients.
With exclusive distribution rights in MA & RI of the leading water treatment products as well as their deep relationship with Home Depot, they are well positioned as the market leader in their geography.
Services could be expanded in the geography and the geography could be extended outside their current service area.