Seller's Contact Information

  • RE:  Distributor Of Specialty Industrial Supplies
  • Contact:  Larry Sanderman

Quick Facts

Asking Price: $5,250,000
Annual Revenue: $13,930,395
Net Profit: Not Disclosed
Cash Flow: $1,515,225
Total Debt: Not Disclosed
FF&E: 200,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 881657220
Broker Reference #: 3N1145

Email or Print Listing

Business Overview:

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:

Retirement

Additional Details:

  • 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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