Market Expansion Opportunities Coastwide Laboratories serves the commercial and industrial cleaning sectors with a broad range of facility supplies, indicating potential to expand into emerging markets such as healthcare or hospitality, where hygiene standards are increasingly stringent.
Technology Adoption Utilizing cloud services like Amazon Web Services and security protocols suggests a focus on scalable and secure operations, providing opportunities to offer advanced cleaning and supply management solutions that integrate with their existing tech infrastructure.
Growth Potential With annual revenue estimated between fifty and one hundred million dollars and a sizable workforce, there is significant scope for upselling high-quality sanitation products, Eco-friendly cleaning solutions, or inventory management services to enhance operational efficiencies.
Competitive Positioning As a division of Staples, Inc, Coastwide Laboratories benefits from an established distribution network and brand recognition, making it easier to cross-sell related office and facility management products to current customers.
Customer Base Expansion Targeting existing customers within Staples’ extensive client portfolio or industries like healthcare and hospitality can open avenues for new contracts, especially as demand for sanitation and cleaning products continues to rise globally.