LISTING ID # 33770
Huge pre and post Covid business opportunity. 15-year- old PPE (Personal Protection Equipment) distribution company. 4 major Vendor suppliers. Seller is the preferred vendor for one of the largest glove manufacturers. All clients are B to B. Clients are pest control companies, dentists, cleaning companies, healthcare, major universities and other institutional buyers. Covid business has exploded and the seller is dealing with limited supply allocations from his vendors. Home based business where seller does some fulfillment from garage/home office with the bulk being fulfilled by suppliers under his company name. Territory from Maine to Va. The vendors CANNOT supply the end user directly and must use intermediaries like the seller. Huge customer base (250 regular customer). The seller has turned down over 400 orders. The discounted price from the suppliers is lower than the customer can get direct. Inquiries to vendors are referred to seller. No client acquisition cost. No web site or online stores- huge opportunity for a buyer. Pre covid margins were 25-40%, Post covid margins are 34-40%. 2020 sales well ahead of 2019. Listing profile is based on projected 2010 gross sales and owner net cash flow. Savvy full-time owner operator can blow this up by adding a web site, online stores, adding vendors and broaden product base with related products. In 2019 Seller netted $80,000 on $292,000 in sales. 70% of sales are fulfilled by the seller and 30% by the suppliers. 2020 Projected sales are $367,000 with $105,000 in owner net profit. Unlimited growth potential!! Buyers must provide proof of funds a meeting with the owner.
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