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Listing Information for #36130

Description

Business Summary Overview: Founded in 1985, this profitable business specializes in the blending of chemical products for boiler and cooling systems, accounting for 95% of revenues. The remaining 5% of sales is due to boiler cleaning and chemical feed equipment. Company Emphasis/Customer Retention: The company prides itself on its excellent customer service with quality of work, integrity and reliability as its strongest points. Therefore it has a good, solid customer base with almost 100% of revenues from repeat business; when customers are obtained, customer loyalty retains them. Technical Expertise: There is some competition in the area. However, technical expertise of this niche business is comparable to that of its largest competitors. The owner has an MBA, and a B. S. and M.S. in chemistry which provides the foundation for a complete set of quality products and a cost effective operation. The other employees have business and chemistry degrees. Competitive Advantages: The company provides custom-designed products as well as standard; most competitors do not offer customized products. The company emphasizes low cost and efficient operation by blending its own chemicals at its facility, rather than purchasing them from another source. Delivery is also efficient, being made at the normal service call, allowing the company to deliver to locations of customer convenience, and cutting manpower cost without sacrificing service, while eliminating the cost of shipping by common carrier. Chemical is usually pumped to containers from which chemical is injected into the systems, saving handling time of customers and providing chemical “non contact” for customers. Business Operation: The fact that this business could be operated on an absentee basis provides a new owner with much flexibility. This is an operation that currently requires only a part-time effort from the owner and profits are stable and increasing. Good Location: In this Midwestern state there is a good mix of industry and farming with a number of good schools, including four year universities. There are also numerous lakes and vacation areas nearby. The business is located on a state highway in a high traffic area with good visibility in a rural setting, but close to shopping centers PLEASE CONTACT NBCS FOR ADDITIONAL INFORMATION AND PICTURES