Profitable Distributor of Janitorial Supplies in Illinois
Price: $950,000
Industry: Merchant Wholesalers
Listing ID: DS-22-3
Listing Status: New
Our client (“Project Clean”) is a leading value-added distributor of janitorial supplies and equipment to large manufacturers, major universities, and retail and food service businesses in Illinois. It also developed and sells its own privately labeled product line, including air fresheners, cleaners, polishes, and degreasers. The Company also provides specialized training programs, workshops, and seminars to customers and cleaning professionals in its market area. With over 520 active customers, the education, healthcare, and commercial sectors account for their three biggest end markets, with no single customer accounting for more than 7% of revenue. The company has 10 full-time and 2 part-time employees, including two full-time sales professionals. Revenue has grown at a CAGR of 10% over the last seven years. The asking price includes a normalized level of inventory.
Total Sales: $3,800,000
Cash Flow: $352,279
EBITDA: $288,929
Inventory: $425,000
Inventory Included: Yes
Year Established: 1975
Real Estate Included: No
Reason For Sale: Retirement