How do I find a cleaning chemicals business for sale?
Search listings under manufacturing, wholesale and distribution as well as cleaning products, ask suppliers, packagers and large customers who is thinking of retiring, and approach owners directly. Ask any broker whom they act for, and screen each lead early for who owns the formulas and who holds the customer relationships.
Cleaning chemicals businesses rarely carry one neat label. A small maker may be filed as manufacturing, a blender as chemicals, a reseller as wholesale and a route-based supplier as distribution. Decide first which kind you want: a company that makes its own products, one that blends for other brands, or one that mainly buys and resells. Then search each heading with that choice in mind.
Listings and brokers
Check listing sites under manufacturing, wholesale and distribution, and read the descriptions for words like blending, formulating, janitorial and institutional. Save the searches so new postings reach you quickly. When a broker is involved, ask whom the broker acts for, and treat the summary as a starting point for your own checks rather than a finished picture.
People who know the owners
Raw-material suppliers, container and label makers, contract packagers and large customers often know which owners are tiring of the work or have no successor. A short, polite question to them can surface sellers who have not listed. Your accountant and lawyer may also hear of owners planning an exit. Offer confidentiality up front, since owners worry about staff and customers finding out.
Screening a lead early
Before you spend weeks on a lead, ask a few plain questions. Who holds the formulas, the owner or a chemist who may leave? Do a few customers account for most of the sales? Does the business own its mixing site or lease it? Our guide to buying a building products manufacturer shows how a manufacturing purchase is usually checked.
- Decide whether you want a maker, a blender or a reseller.
- Search manufacturing, wholesale, distribution and chemicals headings.
- Ask suppliers and packagers who may be ready to sell.
- Keep a log of every owner and broker you contact.
Related reading
11 pages on the same subject, grouped by topic.
Buying
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 02Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 03Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
- 04Canadian Centre for Occupational Health and Safety (CCOHS)GovernmentWHMIS - General
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