Highly Profitable Chemical Manufacturing, Distribution & Environmental Services Company
Located in the Greater Boston area, this business is a unique, recession-proof company with profit margins higher than the industry standard and a unique service offering that has rapidly grown sales over the last three years. The company’s expertise in chemical manufacturing, distribution, and installation work in synergy with its comprehensive environmental services, provides a “single source management” partner for all its client’s chemical and environmental needs.
The company is permitted and licensed to haul hazardous and regulated wastes in MA, NH, RI and CT, which is a barrier to entry for competitors, as it is difficult to obtain. They have a diverse customer base of 1,500 customers, with no customer accounting for more than 5% of sales. The company utilizes an aggressive sales and marketing approach, resulting in them winning 90% of projects quoted on. They can accommodate a larger variety of clients and jobs that some larger companies cannot service. They completed 1,700 jobs in 2022 and are poised to complete over 2,200 jobs in 2023.
The company has top of the line vehicles and equipment, housed in a large 10,000 SF warehouse in a convenient location in Eastern Massachusetts. There is a long-term lease in place that will be transferred to a buyer.