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Business For Sale

MAINTENANCE SUPPLY PRODUCER/DISTRIBUTOR

Attn: Paul Lourash
Central, IL, USA
Listing Number: "MS07106"
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Asking Price: $150,000 USD USA Dollars
Business for Sale Industry: Wholesale/Distribution: Non-Durable  
Reason for Selling: Age related reduction in work hours. Would like t
Year Established: 1963
# of Employees: 1
Yearly Revenues: $200,000
Yearly Cash Flow: $70,000
 

Business for Sale Overview:

Long established distribution company sells and distributes quality maintenance products to end users in small to medium companies and municipalities. Produces and private labels a line of proprietary cleaning products. Owner has let business decline slightly due to age related reduction in work hours. Substantial growth could be available to a buyer who has the desire to grow the business. The seller has concentrated on selling to companies up to the mid-sized market with many larger area companies not being approached. The industry segment has a good outlook. Ambitious owner could take sales to over $500,000 and SDC well over $100,000 by consistently putting in a 40 hour work week. Owner currently works 3-4 hours a day and commissioned salesperson ($25-35,000/year commissions, highest year $62,360) works about ½ to 1day per week. Seller wants to stay involved in sales activities following the training period. Near new pickup truck (4,000 miles) available separately.


Property Features and Assets:

4000 SF rented space in large industrial building. $625/month, utilities included.Assets include 2 forklifts, several Stainless Steel mixing tanks, transfer pumps, shop equipment,Office furniture, numerous chemical shipping drums and 2 semi-trailers used for storage. Dock space.


Market Competition and Expansion:

Competition: Competition is minimal for quality products. Most competition is mail order catalogs.Growth/Expansion: There is a huge market available since the seller believes that his sales represent a small portion of the market in this area. Seller has not been calling on larger corporations, school districts or street departments. A few of these alone could double sales.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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