Business Summary:
Company owns proprietary superior carbon removing and cleaning auto chemicals for dealers and auto service facilities. Operates in a $500 MM industry. Sale includes IP on all chemicals, web site, manual, and client lists. Products are proven and clinically tested. Seller will stay on under contract to help with orderly and growth oriented transition, to assist in operations, sales and client relationships, and to share growth and expansion strategies and plans.
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| Year
Business was Established: 1990 |
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| Number of Employees:
1FT + 1PT |
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| Facilities / Terms of Lease:
1300 sq ft facility. Owner has targeted larger space for expansion as needed. (Inventory: $68k; Fixed Assets: $42k and IP: $350k) |
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| Potential
Growth/Expansion:
Growth and Expansion: Company's two distributors acknowledge superior product and plan growth. With inventory, company could add 30 dealers per year (nationally) averaging $50k/yr in gross revenues per dealer or $1.5 million in gross revenues to the Company and enjoy a 50% EBITDA. In Arizona along there are over 250 dealerships. |
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| Competition:
Company operates in $500 million dollar industry lead by a handful of big players with inferior product. Company can grow quickly with small investment with its superior proven product. Dealers waiting for company to bring product and equipment. |
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| Owner
willing to train:
Seller will manage, train, familiarize and assist in growth and expansion. |
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| Reason for selling:
Retirement |
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Seller Reference Number: bm1933205809
BusinessMart.com Listing Number: 35757 |
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