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B2B Wholesale Eco Friendly Cleaning Products Distributor
NCListing DetailsOffice ID: SUPPLIES1
Status: Active
Listing Broker: George Bradbury
Listing Price: $1,500,000
Gross Revenue: $3,250,000
Cash Flow: $520,000
12 Month Forecast: $4,250,000
Inventory: $423,656
Inventory Included: Yes
FF&E: $95,500
FF&E Included: Yes
EBITDA: $520,000
Acreage: 1 Acre
Real Estate: $900,000
Sales Structure: Asset Sale
Minority Owned: Yes
Reason for Sale:
Owner is Retiring
Training:
It is felt that the seller should stay on for up to 9 months to insure successful transition.
OperationsYear Established: 1990
Form of Ownership: S Corp
Employees (full-time): 4
Employees (part-time): 1
Employees (contractors): 3
Managers: 2
Business Hours: Mon to Fri 8 to 5
Summary
Business Description:
This wholesale, environmentally friendly, janitorial supply business targets medium/ large business and federal/state/local governments through their GSA contracts.  This business is located in a HUB zone and is women owned.  For over 30 years this company has been providing safer cleaning and related products to its commercial, military and governmental customers.  Using their inside and outside sales representatives they have achieved monthly sales of $300,000 providing non-butyl, bio-based, Green Seal and other environmentally friendly products.  Customers can place order through their assigned account representative, direct from the warehouse or online through their website.  The Covid pandemic obviously help grow this business, those old and new customers now have a different sense of needing to keep their facilities safe and clean.
Historical Summary:
What began in the late 80’s as a “One Women” Band, this company has grown to $3+ million dollar a year business with inventory of $500,000 operating out of $30,000 square feet of warehouse space—she owns.
Owner Qualifications:
 Buyer will need to have general business skills including employee management, marketing, customer relations, general accounting. This is a women owned business. 
Competition:
There are 2 other competitors, no one with the inventory and sales force that match this company’s resources.
Potential Growth:
The company recently became a GSA contractor.  This allows for many more local/state/Federal customers.
LocationType of Location: Stand Alone
Real Estate for Sale: Yes
Real Estate: $900,000
Monthly Rent: $8,000
Square Footage: 30000
Facilities:

Operates out 30,000 square feet of warehouse/office space on one acre.  Building//land can be purchased or leased.


Last Updated: Aug 28, 2021 / 2:38 PM
Financial Information Current As Of: Jul 12, 2021 / 6:04 AM


Real property represented by ENLIGN Commercial
2009 Caminos Drive, Raleigh, NC 27607
919-341-1100
ENLIGN Commercial