< Previous
Result 7 of 61 Next >
Chemical Manufacturing
| Asking Price: | $430,000 | Inventory: | |
| Gross Revenue: | $272,000 | Real Estate: | $120,000 ** |
| Cash Flow: | $117,536 | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Business Summary Overview: Founded in 1985, this profitable business specializes in the blending of chemical products for boiler and cooling systems, accounting for 95% of revenues. The remaining 5% of sales is due to boiler cleaning and chemical feed equipment.
Company Emphasis/Customer Retention: The company prides itself on its excellent customer service with quality of work, integrity and reliability as its strongest points. Therefore it has a good, solid customer base with almost 100% of revenues from repeat business; when customers are obtained, customer loyalty retains them.
Technical Expertise: There is some competition in the area. However, technical expertise of this niche business is comparable to that of its largest competitors. The owner has an MBA, and a B. S. and M.S. in chemistry which provides the foundation for a complete set of quality products and a cost effective operation. The other employees have business and chemistry degrees.
Competitive Advantages: The company provides custom-designed products as well as standard; most competitors do not offer customized products. The company emphasizes low cost and efficient operation by blending its own chemicals at its facility, rather than purchasing them from another source. Delivery is also efficient, being made at the normal service call, allowing the company to deliver to locations of customer convenience, and cutting manpower cost without sacrificing service, while eliminating the cost of shipping by common carrier. Chemical is usually pumped to containers from which chemical is injected into the systems, saving handling time of customers and providing chemical “non contact” for customers.
Business Operation: The fact that this business could be operated on an absentee basis provides a new owner with much flexibility. This is an operation that currently requires only a part-time effort from the owner and profits are stable and increasing.
Good Location: In this Midwestern state there is a good mix of industry and farming with a number of good schools, including four year universities. There are also numerous lakes and vacation areas nearby. The business is located on a state highway in a high traffic area with good visibility in a rural setting, but close to shopping centers.
Company Emphasis/Customer Retention: The company prides itself on its excellent customer service with quality of work, integrity and reliability as its strongest points. Therefore it has a good, solid customer base with almost 100% of revenues from repeat business; when customers are obtained, customer loyalty retains them.
Technical Expertise: There is some competition in the area. However, technical expertise of this niche business is comparable to that of its largest competitors. The owner has an MBA, and a B. S. and M.S. in chemistry which provides the foundation for a complete set of quality products and a cost effective operation. The other employees have business and chemistry degrees.
Competitive Advantages: The company provides custom-designed products as well as standard; most competitors do not offer customized products. The company emphasizes low cost and efficient operation by blending its own chemicals at its facility, rather than purchasing them from another source. Delivery is also efficient, being made at the normal service call, allowing the company to deliver to locations of customer convenience, and cutting manpower cost without sacrificing service, while eliminating the cost of shipping by common carrier. Chemical is usually pumped to containers from which chemical is injected into the systems, saving handling time of customers and providing chemical “non contact” for customers.
Business Operation: The fact that this business could be operated on an absentee basis provides a new owner with much flexibility. This is an operation that currently requires only a part-time effort from the owner and profits are stable and increasing.
Good Location: In this Midwestern state there is a good mix of industry and farming with a number of good schools, including four year universities. There are also numerous lakes and vacation areas nearby. The business is located on a state highway in a high traffic area with good visibility in a rural setting, but close to shopping centers.
About the Business
Year Established:1985
Employees:3 full time -
Facilities:The facilities consist of one single level building of approximately 5600 sq. ft. with a high bay plant area in much of the building, with large high bay doors. This area houses the chemical blending and mixing operation. Chemical is also stored and loaded on trucks for delivery in this part of the building while empty barrel and other storage as well as offices occupy the remaining part of the building. The building could be expanded at the current site, or relocated if a new owner desired. The building is located on a state highway in a high traffic area with good visibility.
Market Outlook and Competition:Competition in Sales Area: There is some competition local to the state. The company competes mostly in the southern half of the lower peninsula of Michigan. Growth & Expansion: This S-Corp currently employs 3 full-time employees. Growth and expansion could be achieved by focusing more on sales as compared to service, including emphasis on 1) internet marketing as well as by 2) hiring a sales representative to increase more direct sales contact. PLEASE CONTACT NBCS /BROKER FOR ADDITIONAL INFORMATION AND PICTURES
About the Sale
Management Training and Support:Facilities: The facilities consist of one single level building of approximately 5600 sq. ft. with a high bay plant area in much of the building, with two large high bay doors. This area houses the chemical blending and mixing operation. Chemical is also stored and loaded on trucks for delivery in this part of the building, while offices, as well as empty barrel and other storage, occupy the remaining part of the building. The building could be expanded at the current site, or the business relocated if a new owner desired. The building is located on a state highway in a high traffic area with good visibility.
Reason For Selling:The current owner will be at full retirement age within a year and wishes to minimize responsibility, ie. to a part time (or lesser) role.
Attached Files - Attachment Disclaimer
KEYWORDS: chemicals, chemical products, boilers, cooling systems, chemical feed equipment., chemical
Sell Your Business | This listing has been viewed 449 times
advertisement
 |  | ||||
| |||||
 |  | ||||
| | |
|
Current Search
Industry: Chemicals
Segment: Other Chemicals Next Listing: Weed Control and Chemical Distribution
Last Viewed: Radio Shack - Video Rental
| ||
| |
| | |
|
Recommended Resources
Sponsored Links
| ||
| |
| | |
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||
| |
