Description

This is an opportunity for strategic buyers, namely buyers with vision of the future and having the financial resources to make it happen. This company manufactures air fresheners and odor eliminators. The products are all EcoLogo approved by UL (Underwriters Laboratories) and to the seller’s knowledge, no other company manufacturing products in this category has this approval. The formula is secret and because of its complexity, efforts to copy it, even by large foreign countries have failed. The seller is rapidly opening up new markets, including China where there is a huge internal demand. The gross margin ratio is very high at approximately 4.5 when products are sold to distributors and chains. The sales potential within the next 5 years is foreseen to be in the millions.
The owner is already past retirement age but he is willing to stay on as a consultant.

Posted Oct 31, 2016

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