Sold

Price: $8,100,000

Location: Northern Illinois

Industry: Distribution

Listing ID: N232

This is a leading B2B industrial equipment supplier that wields substantial influence within the local business community. Established in 2006, this flourishing venture was founded by industry veterans who recognized the growing demand for superior industrial solutions across various sectors.

Renowned for its specialization in providing an extensive range of industrial equipment, the company serves a diverse clientele spanning manufacturing, construction, energy, logistics, and beyond. The company’s unwavering dedication to delivering excellence, meticulous attention to detail, and stringent quality control practices have positioned it as a trusted partner within the business ecosystem. A robust base of repeat clientele and referrals attests to the company’s exceptional customer satisfaction.

At the heart of the company’s prosperity is a dedicated team of professionals encompassing knowledgeable technicians, engineers, and supply chain experts. Their collective expertise and unwavering commitment to quality empower the company to meet intricate client requirements and deliver on rigorous specifications. Continuous investments in training and development ensure the team remains at the forefront of cutting-edge industrial equipment trends and technologies.

Encompassing an expansive 38,000 square feet of premium warehouse space, the facility houses an extensive inventory of industrial equipment, ranging from heavy machinery to specialized tools. The facility’s layout is strategically designed to optimize storage efficiency, ensuring seamless order processing and prompt deliveries.

The company has cultivated robust relationships with dependable suppliers over the years, ensuring access to premium equipment while maintaining cost-effectiveness. These strategic alliances empower the company to offer competitive pricing and cater to diverse needs across various industries.

The company’s reputation as a local industry leader and its pivotal role in the industrial equipment supply landscape contribute to its continued success. The diverse client portfolio includes both established corporations and emerging enterprises, all of whom rely on the company’s expertise to source the essential equipment for their operations.

This turnkey investment presents an exceptional opportunity for entrepreneurs aiming to establish a foothold in the B2B industrial equipment supply sector or expand their current operations. The company’s impressive track record, experienced workforce, loyal customer base, and strategic Chicago location make it a compelling option for those seeking a rewarding and enduring business venture.

Listing Details

Total Sales: $6,830,000

SDE: $1,311,000

Cash Flow: $1,288,400

Accounts Receivable: $230,000

FFE: $1,900,000 (Included in Price)

Inventory: $900,000

Real Estate: $3,200,000 (Included in Price)

Reason For Sale:

Owners are exploring new horizons.

Training & Support:

The current owners are committed to providing comprehensive training and support during the transition period to ensure a seamless handover.

Operation

Year Established: 2003

Days & Hours of Operation: Monday to Friday, 8:30 AM to 5:30 PM

Owner Hours Per Week: 40+

Employees: 30

Managers: 2

Location

Type of Location: Industrial

Square Footage: 38000

Facilities Information:

Strategically positioned with excellent accessibility to major transportation routes, the expansive warehouse facility offers seamless logistics. Encompassing 38,000 square feet of space, the facility boasts a comprehensive inventory of industrial equipment, ranging from heavy machinery to specialized tools.

In addition to the warehouse, the facility incorporates administrative offices that foster efficient management and client interactions. The layout promotes seamless coordination between different departments and ensures optimal productivity.

Summary

Competition:

As a premier B2B industrial equipment supplier, this business faces competition from local and regional players. However, its reputation for delivering exceptional equipment, customer-focused approach, and expert team have allowed it to carve a distinctive niche and cultivate a devoted customer base. The company’s commitment to staying at the forefront of the latest industry trends and adhering to best practices ensures its ongoing competitiveness.

 

Potential Growth:

This thriving B2B industrial equipment supply company offers numerous avenues for expansion. By diversifying marketing efforts to encompass new industries and geographic regions, the company can capture a larger market share and achieve heightened sales. Investments in expanding the product portfolio and embracing emerging equipment technologies can further elevate the company’s position and cater to evolving customer needs. Establishing strategic collaborations with key players in relevant sectors can open doors to joint ventures and growth opportunities.

With its robust foundation, expert team, and substantial infrastructure, this B2B industrial equipment supply business is poised for continued growth and prosperity. Seize this remarkable opportunity to own a prominent B2B industrial equipment supplier with a potent local influence and unlock its limitless potential for expansion. Contact us today to explore this compelling and rewarding business venture.