Industrial, Commercial & Medical Light Distributor

Not Disclosed, IL
Lake County


Asking Price: Annual Revenue:
$650,000 $1,654,926

Wholesale/Distribution: Durable Goods


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RE: Industrial, Commercial & Medical Light Distributor Broker: Richard Port
Owner Financing is Available!
Up to 10%

Quick Facts

Asking Price: $650,000
Annual Revenue: $1,654,926
Net Profit: Not Disclosed
Cash Flow: $179,131
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1910
Employees: 4
BBN Listing #: 657157220
Broker Reference #: 3N1126

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Business Overview:

This family-owned business was founded over 100 years ago in the Greater Chicago Area. The business provides sales and distribution of lighting products to commercial, industrial, medical, and government customers. They offer lighting solutions of the following types: medical, office magnification, industrial space, machinery, utility and more. The business experiences low customer concentration, with a strong online ordering presence. The business operates out of a 3,000 square feet leased office and product warehouse space.

They are equipped with a knowledgeable team to provide high quality customer service. The day-to-day operations are run by a manager, who will stay on with new ownership. Seller is willing to provide training and transition to new ownership, as operations are simple – this will ensure long standing relationships with vendors are maintained. The business presents strong opportunities for growth.

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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:

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