Fastener Distributor - Over 60 Years in Business

Northbrook, IL
Cook County

North Chicago Suburbs


Asking Price: Annual Revenue:
$500,000 $527,834

Wholesale/Distribution: Durable Goods


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RE: Fastener Distributor - Over 60 Years in Business Broker: Andy Rosenthal

Quick Facts

Asking Price: $500,000
Annual Revenue: $527,834
Net Profit: Not Disclosed
Cash Flow: $162,449
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1960
Employees: Not Disclosed
BBN Listing #: 402949474
Broker Reference #: Not Disclosed

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Business Overview:

Introducing an acquisition opportunity for a fastener distributor with over 60 years in business. The business was started in 1960 and the current owner has been operating the business for 48 years. As of Q1 2021 the subject business booked $366,000 in orders, generating $94,000 in accrued profits and demonstrating that they are on track to exceed 2019 results. The seller is dedicated to providing a thorough transition and ongoing support for a qualified buyer. This business has established a robust supply chain, with approximately 60% import and domestic suppliers available when needed. The customers are primarily repeat, and the seller is willing to stay on for an extended transition to ensure customer retention. This business offers a new buyer instant access to a new revenue stream. The buyer has the flexibility to continue operating as-is or merge the business into an existing operation. The proven business model has withstood the test of time and a new owner will benefit from training from an industry veteran. Please email us to sign the NDA and request a prospectus.

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Property Features and Assets:

Operated out of a home office.

Market Competition and Expansion:

2021 is off to a great start, on track to more than double 2020 and exceed 2019. This is a solid foundation to expand upon.

Reason for Selling:

Retirement

Additional Details:

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

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