50 Year Old Import Export and Wholesale Business in Chicago

Cook County, IL
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Asking Price:$500,000
Rent:$3,500
Established Year:1968
Inventory:$150,000
FF&E:$50,000
BUSINESS DESCRIPTION

This wholesale business is nestled in a prime storefront within Chicago's Albany Park neighborhood. Boasting quaint but ample office and warehouse facilities, this business sits prominently along a vibrant thoroughfare, ensuring high visibility and foot traffic. Ready for a fresh perspective, the business awaits an enthusiastic new owner to shape its trajectory to match their ambitions. With meticulously kept records spanning over half a century, the current proprietor offers comprehensive insights and a robust foundation of loyal clientele and industry connections for seamless succession.
This business began in 1968 with humble beginnings and quickly grew to include a manufacturing plant in Korea focused on women's fashion accessories. In it's long tenure this business has focused it's wholesale operations on apparel but has also included goods such as bicycles. Under this brand, goods were typically sourced from Asia and Italy. As of late the business has focused on hairpieces and women's fashion accessories.
This business has yet to explore the digital realm, presenting a lucrative opportunity for expansion through enhanced exposure via online marketing strategies.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,200
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Office and warehouse within a mixed use building
Reason for Selling
retirement
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Andrew
Everett
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Andrew Everett