Chemical Company
Location Florida,United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $17300000
Net Profit / Cash Flow $930000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1961
Number of Employees 50 - 99
Inventory 4500000
Relocatable Yes
Number of Employees 50 - 99
Real Estate Leased
Training The owner will stay on as an employee or with equity, and will provide training. There is an experienced management team in place.
Reason for Sale To gain liquidity and secure the resources to enable the company to grow.
Description The Company is based in a large southeastern city and was founded in 1961. The Company manufactures / decants fiberglass, polyester and epoxy resin products. It distributes all the products commonly used in composite fabrication through multi-channel sales. These include OEMs, resellers, industrial, trades, export, Internet/mail order and hobbyist/ Do It Yourself, all in appropriate quantities and pricing. This division of the Company accounts for approximately 92% of the Company's revenue.
A second division sells a national brand product through distribution and retail outlets, with a brand that has been marketed since 1988. A third division sells a patented product into the trenchless technology field and has patent and equipment to sell several other products into the same industry. Each of these divisions account for approximately 4% of the Company's revenue.
Facilities: The Company's 3 distribution facilities are fully equipped for warehouse-to-customer by delivery or showroom retail/wholesale transactions. The Company's manufacturing location may be used for packaging or blending. These superb facilities make the Company a good candidate for a strategic buyer who needs distribution or manufacturing capacity in this market.
Growth and Expansion: The last year and a half has strained owner financing, due to a new computer system and a slow down in the industry. However, the Company is well positioned to grow as the economy recovers and customers diversify their purchases. Growth in 2009 and 2010 are predicted by the owner to exceed the best year that the Company has ever accomplished. Contact for more information on this Chemical company for sale.
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