Available

Price: $625,000

Location: Chicago (near suburbs)

Industry: Retail and Service

Listing ID: 2M181

Vacuum Sales and Service Business for Sale in Chicago

Listing Details

Total Sales: $298,000

SDE: $139,126

Cash Flow: $139,126

FFE: $5,000 (Included in Price)

Inventory: $35,000

Real Estate: $400,000 (Included in Price)

Reason For Sale:

To retire from this life-long work and pursue other interests.

Training & Support:

As much as needed and agreed in an offer-to-purchase.

Operation

Year Established: 1970

Days & Hours of Operation: Daytime Business Hours

Owner Hours Per Week: 40

Employees: 1

Managers: 1

Location

Square Footage: 3320

Facilities Information:

Land area approximately 5625 square feet and building area approximately 3320 square feet.

Summary

Historical Summary:

The real estate is included in this sale for $625,000.00 but the seller may consider just selling the business to the right buyer or buyer group as that is price separately as $225,000.00 for the business entity portion.

This company is a specialty maintenance related service business that has been serving the Chicago area for approximately forty-nine years. The business has multiple dimensions from an installation and service side, but it also maintains a retail storefront operation where certain related products are sold along with various product components in addition to having an onsite service center at this retail location.

A finished office space exists on the 2nd floor but is not being utilized so this building could potentially serve multiple purposes and generate multiple income streams.

Competition:

This business was a pioneer in its industry in the Chicago area.

Potential Growth:

This owner/seller is making a great living operating this business as is for many years, but a huge amount of potenital as well as variousn options exists for expansion.

Financing/Terms:

Seller may consider some seller financing with a very qualified buyer.