Odor Control Products Sales & Service
Location New York,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1503072
Net Profit / Cash Flow $743454
Cash Flow Type EBITDA
Seller Finance No
Year Established 1996
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training The Owner is willing to provide consulting in ...
Reason for Sale The Owner recognizes that in order to grow the ...
Description This Owner operated business was established in January 1996. This company sells and distributes environmentally safe products related to odor control. Their flagship product is an Odor Absorber that comes in various sizes. Stores that offer this product report that it is their #1 item in the category. ''Natures Air Sponge'' is a registered trademark and unlike air fresheners that mask odors with perfumes and chemicals, Air Sponge absorbs and eliminates odors through its main ingredients that are soap gel and activated charcoal. This product is very efficient in eliminating odors from pets, cooking odors, tobacco, paint and solvent fumes, mildew and humidity odors, etc.... Good for homes, offices, cars, RV's boats, everywhere.
This business started out with one employee and gradually recruited independent reps and brokers across the USA. They initially marketed the product through independent retailers such as hardware stores, pet stores, supermarkets and pharmacies. They now supply national chains Kroger, Safeway, Hy-Vee, Office Depot, Ace Hardware Corp, True Value Corp, DO IT BEST Corp, several districts of Wal-Mart, etc. Internationally, they have recruited distributors in Asia, Australia, and have several customers in South America, Central America and Europe.
This business has experienced consistent growth in revenue over the yeas. This is a well-established business, operating 10 years with extensive name recognition and a great reputation for its reliability in both product and services. They enjoy a high level of customer loyalty representing 95% of its revenue through repeat business and 5% as new business. Their product is a consumable item, which enhances further the need to replenish their customer's inventory regularly.
With gross margins in excess of 50% well above industry standards of 35% this company generates very attractive net income ratio. Contact for more information on this Odor Control business for sale.
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