Water Treatment Solutions Distribution Business Serving MA/RI

Price: $2,200,000

Annual Revenue: $3,113,867

Net Cash Flow: $503,998

Industry: Distribution

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.

Listing Details

(Included in Price)

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.

Operation

Year Established: 1988

Employees: 30

Location

Facilities Information:

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.

Summary

Competition:

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.

Potential Growth:

Services could be expanded in the geography and the geography could be extended outside their current service area.