Location: Los Angeles County
Industry: Chemical and Related Products
Listing ID: 01985320DZ
Listing Status: New
Listing ID - 01985320DZ
For sale is a family-run chemical business established in 1965. It manufactures and sells premium quality cleaning chemicals for the food, transportation, and janitorial industries.
For nearly sixty (60) years, the company has provided customers with the highest quality products at the absolute best prices.
It has achieved stable and consistent financial success for the shareholders.
After two generations of family ownership, owners are ready to retire and transition this business to a new owner who will enjoy a solid base of loyal customers to generate everlasting business year after year.
To a visionary new owner, this is a once-in-a-lifetime opportunity to take this chemical business to a new level by improving branding, reducing cost, and increasing margin!
Through nearly 60 years of continuous improvement, the owners have developed and matured an operation that enables them to produce each batch of chemicals in a clean and orderly environment while adhering to quality control checks.
In addition, the company has a strong in-house R&D capability to custom-manufacture chemicals to the exact customer specification to meet unique applications for various industries.
Down Payment: $3,000,000
Total Sales: $5,545,561
Cash Flow: $134,156
Accounts Receivable: N/A
Inventory Included: Yes
Year Established: 1965
Days & Hours of Operation: 5 Days (Mon to Fri - 8am to 4pm / Sat & Sun - Closed)
Non-Owner Payroll: N/A
Lease Option: Open Ended
Real Estate: N/A
Monthly Rent: $8,500
Type of Location: Free Standing
Square Footage: 11,000
Reason For Sale: Retirement