*Turnaround* Specialty Crafts Distribution Company
| Established Year: | 1972 |
Turnaround Opportunity!
Located in Illinois, the Company specializes in the distribution of a wide range of art and craft supplies. It serves a diverse customer base, from long-established art manufacturers to individual consumers eager to explore new creative hobbies. In addition to its extensive product offerings, the Company enhances its appeal by providing on-site instructional classes, which complement its broad product portfolio.
The Company distinguishes itself from competitors through its expansive distribution network and prime geographic location. As one of the largest distributors of art and craft supplies and equipment in the United States, the Company is strategically positioned to serve both the continental U.S. and Canada efficiently. This reach, along with its strong and experienced employee base—particularly its non-owner president—makes the Company stand out when compared to traditional art distribution companies.
The current ownership group is seeking to divest in order to pursue retirement. However, they are prepared to offer reasonable and customary transition assistance to ensure a smooth handover following any potential transaction. The facility, leased from an unrelated third party, offers ample space for operational expansion should new ownership wish to scale the business further.
Asking Price (Range): N/A
TTM Revenue: $7,677,084
TTM Cash Flow: $(294,707)
Total Building Size: 75,000 sq ft
Inventory Value: $2,756,809
Equipment Value: $359,534
