Janitorial and Industrial Distributor Business For Sale
Revenues of almost $1,000,000
Listing Number: 1540
Gross Revenues: $935,000
Cash Flow: $169,000
Industry Buyer Cash Flow: $244,000
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 cash flow for an industry buyer would be $244,000 merging the business into their business. 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.
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.
Employees: 1 FT / 1 PT; This business runs a lean operation. Its strength is the owner’s sales ability and experience in the business.
Support & Training: The seller will provide necessary support and training and willing to stay on with a buyer
Reason for Selling: Lifestyle Change