Industrial Distribution Company for Sale in Elk Grove Village, Illinois, Cook County
Listing Details
Total Sales: $3,798,550
SDE: $592,644
Cash Flow: $592,644
Accounts Receivable: $73,000
FFE: $265,000
Inventory: $215,000
Real Estate: $1,125,000 (Included in Price)
Terms and Conditions?:
Seller to cash out at closing.
Reason For Sale:
Semi-retire.
Training & Support:
As much as needed as agreed during the purchase process.
Operation
Year Established: 1990
Days & Hours of Operation: 8 to 6 M - F
Owner Hours Per Week: 40
Employees: 11
Managers: 1
Location
Lease Option: No
Type of Location: Distribution Warehouse
Square Footage: 18000
Facilities Information:
18000 square foot warehouse and distribution center.
Summary
Historical Summary:
This company was opened in 1990. The owner/operators came from a distribution background where they had been down-sized or laid off, but had connections as well as an ability to compete on a smaller level with previous employers. This business specializes in various specific metal as well as alloy components, parts, shafts, pipes, flanges, etc…The items this company supplies are used in all kinds of industrial as well as construction settings. They service clients all over the United Sates and beyond when needed. This business has benefited from their reputation in providing very good customer service and delivering with super fast turn-around. Located within the Chicago city limits, this business has easy access to major trucking routes as well as the two major Chicago airports. Fully staffed with experienced owners who are proactive sales people, but also have some sales engineering backgrounds. This is a a company that has grown organically based on previous relationships and continues to grow. The sellers are extremely personable and welcome the opportunity to meet with all potential buyers pr buyer groups.
Owner Qualifications:
Managerial warehousing and logistics.