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Specialty Chemicals Wholesale Company Seeking Loan in Berlin, United States

Pool cleaning chemicals for residential clients for commercial pool management/construction companies.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales USD 48 thousand
EBITDA Margin 30 %
Industries Specialty Chemicals Wholesale
Locations  Berlin
Local Time 2:25 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 75 thousand for 8.0% annual interest, 2 years (Native Currency: USD 75,000)
Reason: We are seeking funds to purchase a bulk order of chemicals.
Collateral Available: USD 30 thousand
Includes physical assets worth USD 45 thousand
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Business Overview

- Company is a startup chemical distribution company looking to tap into the large market of commercial and residential pool chemicals.

- Owners of a multi-seven-figure earning commercial pool company in New Jersey (Millennial Pools), we see an opportunity to provide a B2B solution for pool chemicals for our competitors in the industry across the tri-state area.

- All pool professionals come to one big (monopolized) company, known as Pool Corporation.

- With increasing prices, supply chain shortages, and shipping constraints, our company has the plan to help fellow business owners pool the chemical buying process much easier and modernized as we have seen the flaws firsthand between ourselves and competitors.

Products & Services Overview

We are a pool chemical wholesale company selling to commercial pool management companies and consumers.

Assets Overview

Tangible- Inventory worth USD 40,000 and office furniture.

Intangible- Strong client relations with the majority of commercial pool management.

Vendor accounts with multiple distributors willing to sell our product (including FBA amazon).

Facilities Overview

- We currently rent commercial space from the 7 figure pool management company that they currently lease and plan on expanding based on volume and demand to a warehouse fulfillment center.

- The office is located in the east of the city on a 5,000 sqft area with a monthly rent of USD 10,000.

Capitalization Overview

- All founders of the business still currently manage the pool management business and have contributed funds from personal income made through the management business.

- The company has 3 directors with equal shareholding.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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