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For Sale: Hand Sanitizer Opportunity - Patented Alcohol Free - New York, New York

$300,000.00

Asking Price

  • Address: New York, 10025.

Description

An opportunity exists to acquire our client, the creator of a line of green, alcohol-free, and patented instant hand sanitizers. The global market for instant hand sanitizers was valued at $14.2 billion in 2022, with projections to reach $25.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.2% from 2023 to 2032. Despite this favorable market our client is seeking to sell the business due to personal considerations and the seller’s involvement in an exciting new startup venture.

Our client was a pioneer in the alcohol-free hand sanitizer space, introducing their sanitizer products as a gentle yet effective alternative, particularly ideal for new moms and individuals with dry or sensitive skin. Its alcohol-free formulation makes it a skin-friendly option, addressing a growing need for products that provide protection without the harsh effects of alcohol.

The company has significant industry experience with products once sold in over 5,000 retail outlets and has garnered multiple prestigious awards. The demand for alcohol-free sanitizers is the fastest-growing segment of the personal care market, presenting a substantial opportunity for further expansion. Pratt & Whitney, one of America’s largest defense contractors, mandates the use of our client’s sanitizer products in their facilities for its safety around sensitive and expensive electronics, highlighting the product’s unique appeal in both high-tech environments and the broader consumer market. Our client began their business as a small venture in the kitchen of the seller, a working mom who sought a safe, effective hand sanitizer alternative for her family. The result was the seller’s sanitizer products, the first alcohol-free hand sanitizer, now patented and sold across various markets. Over the years, the company grew significantly and earned multiple awards for its innovative products, staying true to its mission of providing safer, eco-friendly personal care solutions.

Our client believes the business can be better leveraged and scaled by a larger consumer-products company. Hand sanitizers remain in high demand due to their antiseptic qualities and convenience, serving as an effective substitute for soap and water to help prevent infectious diseases such as norovirus, COVID-19, influenza, meningitis, MRSA, and pertussis.

Primarily due to the impact of COVID-19, the seller could not keep the product going, and with sales effectively back to the starting point, the seller has decided to offer the business including all patents, customer base, and history for sale.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Facilities: N/A

Competition: Per CIM

Growth & Expansion Potential: Per CIM

FinancinG: Negotiable if the price and deal structure are right

Support & Training: Per CIM

Reason for Selling: Other Interests

To get more information about this Hand Sanitizer Opportunity - Patented Alcohol Free business for sale in New York please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #289300 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Hand Sanitizer Opportunity - Patented Alcohol Free, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.

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Contact

  1. Name: Rick Carlson
  2. phone iconPhone: 833-776-6682

Details

  1. Asking Price: $300,000.00

  2. Down: CALL

  3. Cash Flow: $2,871.00

  4. Revenue:    $10,495.00

  1. Area: New York

  2. City: New York

  1. Attributes:

    Broker CooperationFinancial AssistanceTraining & SupportOwner/Seller Financing

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