Sold

Price: $2,675,000

Location: Chicago, Illinois

Industry: Distribution

Listing ID: 3J182

This is a growing industry and a very profitable Material Handling Distributor. The client base includes the industrial and commercial with a focus on the warehousing sector. This distributor has concentrated customers all across the Midwest and beyond. A majority of their business comes from Illinois, Michigan, Ohio, Indiana, Wisconsin and Minnesota. The company continues to expand within the immediate Chicago Metro area, but also in most of their neighboring states. The potential to be more aggressive nationwide is certainly there to explore. This business is only 10.5 years old and has a significant presence that was created on word of mouth and customer satisfaction as they have a minimal sales force that is mostly inside tele-sales for incoming calls.

Listing Details

Total Sales: $3,598,550

SDE: $398,644

Accounts Receivable: $70,000 (Included in Price)

FFE: $265,000 (Included in Price)

Real Estate: $1,100,000 (Included in Price)

Reason For Sale:

Health-related.

Training & Support:

As much as needed and as agreed during the purchase process.

Location

Facilities Information:

12400