Distributor of OEM & MRO Industrial Parts & Kits

Chicago, IL
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Asking Price:$1,530,000
Gross Revenue:$3,415,634
EBITDA:$418,319
Real Estate:$1,987,000
Cash Flow:$418,319
Inventory:$578,000
FF&E:$353,705
Established Year:1962
BUSINESS DESCRIPTION

Industrial Distributor of OEM & MRO Parts & Kits

The company is a Distributor of OEM & MRO Industrial Parts & Kits. The company's customers are wholesalers located in multi-state geographic area.

The company's inventory consists of over 25,000 different parts that the company purchases from 2,474 vendors many of which have warehouses in the Chicago area for quick pick up or shipment. . The total number of pieces currently in stock is approximately 10 million pieces.

The company assembles kits per customers specifications. The company currently assembles kits ranging from 5 items to kits that have over 100 different items. The parts in the kits range from hose assemblies that the company makes and tests, funnels, fasteners, made to order brackets, filters, knobs, and other items that are customer specific.

Hose assembly manufacturing such as air, hydraulic, water, tar, welding, food handling and chemical hose assemblies in the company’s warehouse.

The company sells to a wide range of businesses including medical, food, chemical, metal working and tool & die shops to name just a few.

The company also offers custom design and engineering help. The company works with Engineers to develop new products so that the company can provide the best solutions possible. The company also re-engineers their customer’s parts to make them more functional and cost competitive.

Product and Service Information
Approximately 60% of the company's revenue are parts sold OEM customers and the of the sales is MRO and VMI accounts.

The following is an approximate percentage of items sold by the company:
30% hose and fittings
15% specialty coatings
10% cutting tools
20% fasteners
20% rubber parts
5% miscellaneous

Additional Inventory can be purchased for $2,035,885 and sold by a Buyer that performs eCommerce Sales.

Real Estate is available for sale for $1,987,000. The building is comprised of 39,740 square feet.


DETAILED INFORMATION
Location
Chicago, IL
Inventory
Included in asking price
Real Estate
Owned
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Industrial Building (39,740 sq/ft)which holds hundreds of racks (15 feet tall)that hold over 25,000 thousand of parts.
Competition
Current market conditions are strong.
Growth & Expansion
A eCommerce Store can be set up to increase sales.
Support & Training
Support and Training available for up to one year.
Reason for Selling
Retirement
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Brian S.
Mazar, MBA, CBI
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Brian S. Mazar, MBA, CBI