Asking Price: $2,200,000 Gross Revenue: Not DisclosedNet Operating Income: Not DisclosedFF&E: Not Disclosed included in asking priceBuilding Sq. Ft.: 18000.00Price/Sq. Ft.: Not DisclosedShare this business:
Explanation of Financial Terms
The total asking price of the property for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Net Operating Income
Net Operating income (NOI) equals operating revenue less operating expenses.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
SVN Chicago Commercial is pleased to offer for sale on behalf of the owners of E&F Tool Co., Inc. the operating business including the real estate and all machines of the E&F Tool Co., Inc. This business enterprise, includes the Furniture, Fixture and Equipment (F.F. & E.) related thereto plus the Industrial Real Estate in which the enterprise operates. It is the desire of the owners to sell the entire enterprise including the real estate as an operating business.
About the Property
First time on market Operating Business and Real Estate Long-term Employees Outstanding "State of the Art" Machines Strong Client Base in Diverse Industries Offering Includes Outstanding Real Estate with Block Construction on a Large Lot Price Includes All Equipment, Specialized Machines, Tools and Computers Truly a Turn-key Opportunity Long Established and Loyal Client Base Outstanding Reputation and Goodwill in the Industry On 1.4 AC of land
E & F Tool Co., Inc. is ideally located in Shorewood, IL. and part of the larger Joliet marketplace. Its proximity to I-55 is outstanding offering excellent logistics and customer convenience. The history of the Village leads to its residential and commercial appeal today. Shorewood began as a small fishing and resort community. Albert H. Bruning purchased farmland from Richard and Anna Meyer in 1926. He subdivided the land and sold small lots along the DuPage River for summer cottages. Joliet and Chicago residents used the cottages as weekend retreats. Hammel Woods and the DuPage River provided beautiful and popular sites for fishing, swimming and picnics.
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