Seller's Contact Information
- RE: Distributor Of Specialty Industrial Supplies
- Contact: Larry Sanderman
|BBN Listing #:
|Broker Reference #:
The Company is the leading Chicagoland source for certain niche industrial supplies primarily to industrial and electrical contractors that support a variety of industrial enterprises. The Company has been in business for over 20 years and has capabilities to store and deliver large parcel items. Beyond Chicagoland, the company supplies the Midwest region and at times locations throughout the country. Competition in the Chicagoland is very limited and the potential exists to find other underserved markets for expansion.
The Company's current ownership /Woman Business Enterprise (WBE) is looking to retire. Approximately 30% of revenue is tied to the WBE designation. The business is partly run remotely by current ownership and could conceivably become fully remote for new ownership.
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Property Features and Assets:
The estimated value of FF&E is $200,000 excludes Real Estate. And will be included in the sale of the business. A complete list of these items will be provided as a part of the due diligence process.
Market Competition and Expansion:
Expand locations to cover more underserved areas of the USA. Expand sales staff or utilize sales reps for outbound customer sales. Diversify supplier base to cover more products and gain bigger share of wallet with customers.
Reason for Selling:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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