Industrial & Janitorial Retailer with Strong Supplier Relation (17963)
Business Description
Established in the Greater Chicago area, industrial distributor with great potential for e-commerce opportunities for growth!
*Diverse product lines include topline, domestic and import manufacturers featuring wholesale janitorial & cleaning supplies, abrasives, work gloves, safety products, material handling, cutting tools, fasteners, power tools, lubricants, etc.
*Customers include industrial manufacturers, institutional firms, and municipalities.
*Fiscal Year Aug 31, 2024, shows a 7-month Sales interim of $636K, 2022 Revenues $808,714, Discretionary Earnings of $170,895!
*10,000 SF features will-call space, plus ample parking lot.
*Longstanding staff is cross trained. Assistant manager in place.
Involved ownership works part-time taking weeks off while operations stay streamlined.
*Open to remain in both consultative and assistive roles post-sale, standard transitioning is available for a negotiable period.
*Website exposure with social media potential, marketing involves referral sources from recurring clients.
*Diverse product lines include topline, domestic and import manufacturers featuring wholesale janitorial & cleaning supplies, abrasives, work gloves, safety products, material handling, cutting tools, fasteners, power tools, lubricants, etc.
*Customers include industrial manufacturers, institutional firms, and municipalities.
*Fiscal Year Aug 31, 2024, shows a 7-month Sales interim of $636K, 2022 Revenues $808,714, Discretionary Earnings of $170,895!
*10,000 SF features will-call space, plus ample parking lot.
*Longstanding staff is cross trained. Assistant manager in place.
Involved ownership works part-time taking weeks off while operations stay streamlined.
*Open to remain in both consultative and assistive roles post-sale, standard transitioning is available for a negotiable period.
*Website exposure with social media potential, marketing involves referral sources from recurring clients.
About the Business
- Years in Operation
- 43
- Employees
- 3
- Facilities & Assets
- Property can hold a tenancy of $82,000 annually.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 10,000
About the Sale
- Seller Motivation
- Approaching retirement and/or pursuing other interests.
- Transition Support
- Open to remain in consultative / assistive roles post-sale, standard transitioning is available for a negotiable period.
- Financing Options
- Standard SBA-term financing will be negotiable for qualified buyers.
Listing Info
- ID
- 2266478
- Listing Views
- 1756
Listing ID: 2266478 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.
Businesses for SaleIllinois Businesses for SaleIllinois Business Service Businesses for SaleIllinois Commercial Cleaning & Janitorial Businesses for Sale
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