Online Sneeze Guard Manufacturing Company For Sale

, California 4 views 0 favorites

Financial Highlights
Asking Price
$0
Revenue
$1,000,000
Business Description

The Company manufactures and sells glass counter top sneeze guards, partitions, and display cabinets. A sneeze guard is a glass screen designed to protect food or people from exposure to respiratory droplets, which are dispensed when coughing, sneezing, or even talking. Sneeze guards have been in use in restaurants for decades; however, COVID-19 has made people acutely aware of the critical nature of these products. Having appropriate sneeze guards installed to protect food products and food preparation areas from the public is a health department prerequisite to conducting business for purveyors of food. The Company has an excellent reputation and has served customers in all 50 states including Alaska and Hawaii. Almost half of the Company’s revenues are from online sales. Given the Company’s well-developed online capabilities, there is potential for high growth from online sales. Some of the Company's products have gross margins that exceed 80 percent. The Company can be easily relocated. The Company also sells, online, shower doors. These are not as high margin as the glass dividers, but present a huge opportunity given the large size of that market in the US. This Company is for sale because the owner is 70 years old and wants to retire. The online nature of the business, with well-developed online capabilities, high margins, etc. could easily translate into significant increases in revenues and profits. In addition, as this niche is highly fragmented, there is an opportunity for a rollup. Location: California Year Established: 2004 Number of Employees: 5 Relocatable: Yes Real Estate: Leased Building Sq. Ft.: 10,000 Rent: $10,000.00 Per Month Lease Expiration: 12/31/2022 Facilities: The assets are limited because of the nature of this business. To be clear, the Company has all of the required tools to manufacture the products quickly and to handle at least double the current level of sales. And, all tools and equipment are included in the sale. Market Outlook/ Competition: The market is highly fragmented with no clear leader. This is a huge opportunity for the Company to grab marketshare. Growth & Expansion: The business is very scalable as about half of the revenues are generated via online sales. With proper SEO and SEM, revenues could grow exponentially.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 weeks ago

Views: 4

Favorites: 0