Oil, Grease and Lubricant Company
Connecticut
Asking Price: $ 3,500,000
Cash Flow: $200,000
Gross Revenue: $1,800,000
FF&E: $100000
Inventory: $250,000
Year Started: 1992
Business Description
Now available, a well established company that blends and packages custom greases, lubricants, and oils. They made a name for themselves in the industry over the past 30 years by supplying exact standards and custom blend lubricants. They do everything from small batches to very large orders for some of the nations heaviest hitters. There are many great contracts already in place that would remain in place for the new owner. Some of these contracts have been in place for 30 years!
This business has been built on their reputation of producing a quality product and because of their organic growth very little to no advertising or sales efforts were necessary. To scale this company and take it to the next level a new owner could simply add a sales team and increase marketing efforts. There is also the potential to expand services into other very similar product lines. The current owner is willing to stay on board to assist with a successful transition. This business has an excellent team including a manager that will stay on board and work for a new owner as well.
Detailed Information
- Location: Connecticut
- Industries: Manufacturing
- Building SF: 5800
- Employees: 3
- Reason for Selling: Retirement
- Seller Financing: No
- Established After Year: 1992