Industrial & Janitorial Retailer with Strong Supplier Relation (17963)

Frankfort, IL

Seller Financing Available

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Cash Flow:$170,895
Inventory:$125,000
FF&E:$100,000
Gross Revenue:$808,714
EBITDA:$53,908
Established Year:1982
BUSINESS DESCRIPTION

Established in the Greater Chicago area, industrial distributor with great potential for e-commerce opportunities for growth!
*Diverse product lines include many 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.


DETAILED INFORMATION
Location
Frankfort, IL
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
10,000
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property can hold a tenancy of $82,000 annually.
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Open to remain in consultative / assistive roles post-sale, standard transitioning is available for a negotiable period.
Reason for Selling
Approaching retirement and/or pursuing other interests.
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Jason
Hullender
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Jason Hullender