Online Sneeze Guard Company For Sale

October 19, 2021
by an intermediary from New York University - Leonard N. Stern School of Business in Boston, MA, USA
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.
The gross margins on many of the products exceed 80 percent!
The business is portable in that it could be moved to another location or state.
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.