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Distributor - Chemicals And Lab Supplies And Equipment

Location  United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $14043501
Net Profit / Cash Flow  $1526880
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1980
Number of Employees  10 - 19
Inventory  645406
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Training  One of the owners is interested in remaining with the company for approximately 2-3 years, post-sale to ensure a sucessful transition of the business.
Reason for Sale  One owner wishes to retire.
Description  This $14M distributor of chemicals, laboratory supplies and equipment has worked directly with the scientific community to provide their customers with quality products at competitive pricing for more than 30 years. Their product categories include: chemicals, plasticware, glassware, equipment, gloves, disposable clothing, and safety products. The markets that this company serves includes: pharmaceutical, education, and healthcare, to name a few. This company has developed a strategic partnership with a leader in a key market that they serve. This contract provides a platform for futher expansion in the industry's production and research and development. This regional company has only ''scratched the surface'' of the market potential. Industry penetration as well as geographic expansion will provide a compelling opportunity for continued growth. Facilities: The Company leases a 13,000 sq/ft. warehouse and a 1,000 sq/ft office. Competition: Customers using lab supplies and chemicals for research or production want to reduce the number of their suppliers thereby improviing efficiencies. This has resulted in an increased role for this distributor who not only can represent multiple product lines but can also offer independent and creative suloutions that incorporated products from multiple vendors. Growth/Expansion: Growth in sales in their areas of expertise has exceeded that of tradional product sales in recent years. Major players are eyeing this market as a driver for their own growth. This company is in a strong position to capitalize on the growth of this segment of their business based on their experience and knowledge in this marketplace. Financing: Seller financing to qualified Buyer Support/Training: One of the owners is interested in remaining with the company for approximately 2-3 years, post-sale to ensure a sucessful transition of the business. Reason Selling: One owner wishes to retire.
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