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Illinois Business For Sale |
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| UPHOLSTERY SUPPLY DISTRIBUTOR |
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| Attn: Bill Busche |
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| Not Disclosed, IL, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Wholesale/Distribution: Durable Goods |
| Reason for Selling: |
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Owner would like to retire. |
| Year Established: |
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1913 |
| # of Employees: |
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11 |
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Business for Sale Overview:
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This upholstery supply distributor business is comprised of three same-owner companies and has been in continual and expanding operation since the first company began 94 years ago. Present ownership began in 1983. The business supplies upholstery fabrics, tools, and other supplies to residential and commercial customers including products for all forms of transportation. There are 8 full-time and 3 part-time employees who will remain. Most are long-term, know the customers and vendors well, and are reliable. The owner will remain for 3-6 months in order to facilitate a smooth transition and will accept a non-compete agreement.
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Property Features and Assets:
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The business operates out of a 24,000 square foot brick building that houses a warehouse and an office. Building also features excellent parking, sprinklers, 18-foot ceilings, and a loading dock. This building is included in the sale. The business also leases an out-of-state warehouse (in Wisconsin). |
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Market Competition and Expansion:
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With little or no local competition, the client base of over 80% repeat customers extend from the local community to international clientele. There is much opportunity for future expansion and growth as well. It is suggested to expand the business, the owner: utilize sales and advertising via the Internet; add a sales staff to expand the market to include casinos, restaurants, resorts, marinas, etc.; and create an in-house credit system. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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