May 11, 2020 — Operating from its headquarters in New York state, one hour south of Montreal. Listing is a long-standing, professional supplier of 36° bottled spring water that contains no iron and has a pH of 7.5 for residential and commercial customers. The primary product lines consist of five gallon, four gallon, and one gallon bottled spring water sales, water cooler rentals, coffee delivery, and coffee machine sales. Operating out of a well-maintained manufacturing facility location, totaling over 12,000 square feet and sitting on over fifty acres of prime spring water acreage, the company leases the real estate from the ownership. Also included is a company-owned trailer park rental property that provides recurring revenue on a monthly basis. Company is a highly profitable, high margin business, with high-levels of automation and growth potential. Ownership is seeking to sell due to retirement purposes, but is willing to stay for a determined period to help the business grow. Customer base consists primarily of regional residents and businesses in need of bottled water services with water cooler rentals. Primary sources of water are from the company’s vast underground springs, which provide for zero cost basis for water. Company also provides delivery and pickup services for water bottles to its customers. By providing delivery services, they maintain an even higher presence in the market by being able to capitalize on its customers' entire water and coffee needs. In 2019, the total revenue was $259,610, with Seller’s Discretionary Earnings of $106,505. With minimal advertising and port harbors within an hour’s drive, there are many opportunities presented for new ownership to continue growth with minimal capital infusion! Ownership believes that its quality reputation, service, operational capabilities, and diversity in the marketplace has attributed to their continued success.
*Accepting Offers for this Listing that features 50 acres of property valued over a negotiable $2.1M, and approximately $600K in FFE!
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