Active
Industrial & Janitorial Retailer with Strong Supplier Relations! (17963)
Established in the Greater Chicago area, industrial distributor with great potential for e-commerce opportunities for growth!
- Diverse product lines include many topline, domestic and import manufacturers featuring wholesale janitorial & cleaning supplies, abrasives, work gloves, safety products, material handling, cutting tools, fasteners, power tools, lubricants, etc.
- Customers include industrial manufacturers, institutional firms, and municipalities.
- Fiscal Year Aug 31, 2024, shows a 7-month Sales interim of $636K, 2022 Revenues $808,714, Discretionary Earnings of $170,895!
- 10,000 SF features will-call space, plus ample parking lot.
- Longstanding staff is cross trained. Assistant manager in place.
- Involved ownership works part-time taking weeks off while operations stay streamlined.
- Open to remain in both consultative and assistive roles post-sale, standard transitioning is available for a negotiable period.
- Website exposure with social media potential, marketing involves referral sources from recurring clients.
Listed By: Dean Blythe
Background information
Seller Number:
17963
Year established:
1982
Reason selling:
Approaching retirement and/or pursuing other interests.
Finance
Sales:
$808,714
Profits:
$170,895
Profit type:
Discretionary Earnings
Operations
Employees:
3 nonunion.
Equipment:
$100,000
Inventory:
$125,000
Premises
Facility:
Real Estate can be purchased separately for $650,000!
Square footage:
10,000+/-
Rent and lease terms:
Property can hold a tenancy of $82,000 annually.
Opportunities
Market:
Website & Referral Sources.
Price and terms
Price:
$800,000
Financing:
Standard SBA-term financing will be negotiable for qualified buyers.
Owner Transition:
Open to remain in consultative / assistive roles post-sale, standard acclimation is available for a negotiable period.