Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

Niche Chemical Manufacturer Distributor In Houston Area For Sale

Houston, Texas
Asking Price:
$1,350,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,547,057 (USD)
Cash Flow:
$334,289 (USD)

This chemical manufacturing company was founded in 2003. In 2011 the company merged with a chemical distributor. The purpose of the merger was access to new markets, lower cost of product, & brand building. It now manufactures, wholesales & distributes car wash & detail chemicals to the automotive & car-wash industry, which consists of hand, coin-operated, automatic & full-service car washes, and new & used car dealers & detail shops. Chemical formulas are proprietary and are kept updated to meet industry demands. The company offers a complete line of car wash chemicals, waxes, polishes, compounds, dressings, soaps, cleaners, solvents & accessories. Revenues are comprised of 76% manufactured products, 16% brushes, applicators & Chamois towels, 4% janitorial supplies, and 4% other miscellaneous items such as detailing products & aerosols. The company touts higher quality, lower cost & faster service over their competitors. They have 250 repeat customers with the largest customer comprising 9% of total revenue in 2017. Market area is 95% Greater Houston Metro Area, leaving lots of opportunity to expand outside those boundaries around the State and to the national level. There are two owners, one manages routes, inventory levels & accounts payable. The other owner is responsible for product manufacturing, raw material purchasing, formulation & troubleshooting. Staff: 1. An office manager handles payables, receivables, payroll. 2. A blending supervisor for quality control, testing, maintaining raw material, inventory, issues requisitions when needed. 3. An inventory & packaging supervisor. The other 2 employees handle deliveries, equipment installations, service issues. Online Orders can be made through the company's website.

Seller's Discretionary Earnings: $334,289 Proforma

Property information

Real Estate:

Lease

Location:

13,200sf freestanding facility w/3 bay doors, 5 offices, warehouse

Business Operation

Expansion Potential:

Pursue car wash equipment lines, expand distribution area, hire sales team, update/improve website. Initiate marketing campaigns (word-of-mouth is currently the top generator of new business).

Reasons for selling:

Retirement

Trading hours:

5 days, Mon - Fri 8am - 5pm (weekends as needed)

Employees:
5ft; 1pt
Years established:
2003

Other Information

Support & training:

Sellers will train

Financing available:

SBA financing available

Furniture / Fixtures value:
$119,105 (USD) - included in the asking price
Inventory / Stock value:
$155,000 (USD) - included in the asking price
Related Documents:

Contact Information

  1. Optional
  2. Country

  1. Optional

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Certified Business Brokers. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here