Business Type Established Vaporizer Manufacturing and Distribution Business
Annual Revenue $1,837,000
Discretionary Earnings $119,463
Asking Price $500,000
Ref ID# FOR127
Seller Financing
FFE $489,000 including patents
Inventory $312,000
Location Illinois
Year Established 1992
Description The company manufactures and distributes waterless vaporizers, dehumidifiers, air purifiers and aromatherapy units for homes and auto marketplace. The business has a presence in US and European markets with a customer base that includes a number of Fortune 500 companies. The business has an established brand and a patented product line giving it a competitive advantage in the marketplace. The company recently received an order commitment from a nationally based distribution association which is expected to significantly stimulate sales. The sales of $1,837,000 and discretionary earning of $119,463 are reflected from 2005. The asking price of $500,000 includes $89,000 worth of equipment, $312,000 worth of inventory at cost and $400,000 worth of patents, licenses, UL certifications and trademarks.

The Business is in a mature industry with small group of competitors

The company recently received an order commitment from a nationally based distribution association which is expected to significantly simulate sales. There is opportunity to develop private label for Fortune 500 companies such as Wal-Mart and Walgreens.

The owner willing to help with transition over reasonable time frame

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