**UNDER AGREEMENT** Janitorial & Industrial Distributor

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Asking Price:
$295,000

Gross Revenue:
$935,000
Cash Flow:
$169,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$45,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

**UNDER AGREEMENT**
This janitorial and industrial supply distributor has been supplying customers in Eastern Massachusetts for decades. With revenues of almost $1,000,000, it generates an owner’s cash flow of $169,000. The customer base of 150 active accounts in 2017, consist of janitorial service companies, government agencies, universities, and other accounts. About 90% of sales are of consumable products, 5% are equipment, and the remaining 5% are equipment repair services.

This business has always been managed to achieve a good profit margin. As a result, the business has a gross profit margin above the industry average. It maintains its customers by giving very good customer service - by meeting delivery demands and its product knowledge. The owner is willing to stay on with a buyer. The business has an effective service department with the capacity to handle more repairs. This business would be a great add-on for an existing janitorial supply distributor, with estimated owner's cash flow of $244,000.

This business runs a lean operation. Its strength is the owner’s sales ability and experience in the business.

About the Business

Year Established:
1985
Number of Employees:
1 FT / 1 PT
Facilities:
The business leases 3,000SF for $2,700 per month. It has been a tenant at will for many years, but the owner believes a buyer could get a lease on similar terms.
Growth & Expansion:
The business has the capacity to grow by adding an inside person and freeing the owner to create more sales. The repairman has the capacity to handle many more repairs.
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About the Sale

Reason For Selling:
Lifestyle Change
Training/Support:
The seller will provide training and support. He is willing to stay on with a buyer.
Seller Financing:
A qualified buyer should be able to get an SBA 7A loan with 10% down.

Listing Info

ID:
1469706
Ad Detail Views:
596

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Business Listed by

Marc Gudema, CBI

BayState Business Brokers

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U.S. Census Data for Massachusetts
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Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Massachusetts
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Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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