Business Summary:
This is a rare opportunity to acquire a niche market business with minimal competition. This 22 year old chemical manufacturer & supply company is based in Ft. Lauderdale serving the immediate Broward, Palm Beach and Martin County areas as well as North Florida and Michigan with some of the best fertilizers, rust preventatives and rust cleaners in the industry. The potential for expansion with a small amount of capital and marketing would bring exponential growth. The company has a long list of big irrigation company and supply house customers, along with a potential for six digit contracts with national supply houses such as Home Depot and Lowes, but unfortunately, the seller lacks the capital to take the company to the next level to accommodate these large contracts. The seller works as a manager & salesman and has one full time employee working the warehouse. The seller has owned the company for about 10 years, but admits that the last few years were slower as a result of the hurricanes and slow economy and with fixed costs, his owner benefits are lower than past years. The seller has a confidential plan of action that the buyer could benefit on which would take the company to the next level, essentially soaring sales to over $1M/year. The seller has not ruled out providing long term support and has left this as negotiable.
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