Business For Sale

Niche Building Supplies & Materials Company

Chicago, IL
Cook County

Asking Price: Annual Revenue:
$3,200,000 $4,545,780

Retail: Non-classifiable

Request More Information
Contact the Seller

RE: Niche Building Supplies & Materials Company Broker: Linda J. Purcell
License 471.001327 Linda J. Purcell CBI, MCBC, CSBA, Fellow of IBBA

Quick Facts

Asking Price: $3,200,000
Annual Revenue: $4,545,780
Net Profit: $447,701
Cash Flow: $1,152,800
Total Debt: Not Disclosed
FF&E: $2,400,000
Real Estate: Not Disclosed
Year Established: 1985
Employees: 26
Listing Number: 31401232

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

This long established "Niche Building Supplies & Materials Company offers reliable on-time delivery of a wide variety of quality products to contractors as well as to home owners. The firm's ability to manufacture products that are not available anywhere else in this operation's geographic footprint has proved to be a compelling reason for contractors to choose to travel and place their orders with this company.

In the last five years revenues have ranged from $3,708,618 to $4545,780. The Owner's Discretionary Earnings in the last five years have ranged from $500,553 to $1,152,800. The Owner's focus in 2016 and 2017 on improving operating efficiently while eliminating unnecessary expenses is reflected in the financials.

The year to date financials for this company through November 8, 2017 when compared to the same period in 2016 reflect:

* Revenues are up 2.4% Year to Date
I* Net Income is down 9.7% Year to Date

Two key managers are in place overseeing various aspects of the company's day to day operations. Many of the employees have been with the company for two or more years, some for a considerably longer time. A substantial number of the employees are cross-trained, handling different roles and functions during the year.

The Owner has implemented a regular maintenance schedule to ensure the equipment and physical facilities are in optimum working order. The employees adhere to the scheduled maintenance & repair program regarding the facilities as well as on the vehicles and equipment.

The $2,400,000 value of the equipment included in the purchase price of the business is probably understated. While it reflects the approximate value of the vehicles, it does not address the value of the furniture, fixtures and equipment also included in the purchase of the business. The company was established in 1985 and has 23 full time employees and 3 part time employees.

The Purchase Price for the "Niche Building Supplies & Materials Company" is $3,200,000.

The Owner has expressed a willingness to provide training and transitioning post-closing.

Reason for Sale: Retirement

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Detailed description of the facilities housing this Niche Building Supplies & Materials Company will be provided to prospects who have signed the appropriate Non-Disclosure Agreement as well as the R.E. Agency Disclosure, provided financial information, and who have been approved by the Owner to be introduced to this opportunity. Please Note: The sale of the Niche Building Supplies & Materials Company does not include the sale of the real property and facilities housing this operation. The Real Estate is available for an additional $3,300,000. The Owner is willing to consider leasing the facilities housing the operation to the new owner on a triple net lease with $150,000 annual base rent. The real estate taxes, insurance & maintenance costs are all currently paid out of the business. The Owner has implemented a regular maintenance schedule to ensure the physical facilities as well as the equipment are in optimum working order. Linda J. Purcell is a licensed IL Real Estate Managing Broker and a licensed WI Real Estate Broker.

Market Competition and Expansion:

The forecast for this industry is 4.4% growth annually from 2016 - 2021. The Owner has initiated cost savings on several fronts that will improve profitability in 2017 and going forward.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!