Electrical Supply Company
Business Description
The Company is well known in the Northeastern Illinois market as an established industry force with great customer service, carrying all the major brands as an authorized distributor. Privately held and competing against big chains with fair pricing, deep inventory and engaged staff, especially for hard-to-find items drive revenue. Niche products include transformers, under cabinet lighting, and hard to find circuit breakers.
About the Business
- Years in Operation
- 52
- Employees
- 7
- Facilities & Assets
- 15,300 SF plus 5,144 SF Mezzanine on 1.57 acres.
- Market Outlook / Competition
- Perfect central location in a high traffic commercial/industrial area close to residential communities with easy interstate access. The Company has a diverse client list catering to the small and mid-size contractor with over 6,000 distinct customers purchasing in the last 12 months. Sales are primarily cash, check or credit card with less than 20% of customers on open account.
- Opportunities for Growth
- Significant untapped opportunity to leverage an online sales channel where revenue growth is projected to increase at a 10% CAGR 2020 to 2025.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- The owner will provide customary support for a smooth transition.
Listing Info
- ID
- 2242173
- Listing Views
- 1230
Listing ID: 2242173 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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