Industrial Materials Distribution & Sales

DuPage County, IL
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Asking Price:$1,200,000
Gross Revenue:$2,377,937
Rent:$4,500
Established Year:1954
Cash Flow:$288,149
Inventory:$250,000
FF&E:$100,000
BUSINESS DESCRIPTION

This listing is for a long-established and highly profitable business specializing in the distribution of chemicals, industrial raw materials and filtration products located in the upscale, western Chicago suburbs that is available to a qualified buyer. This business offers a buyer a substantial cash flow of over $250,000/year and they’ve been an established fixture in their marketplace for over 60 years. This business runs a smooth, streamlined operation utilizing third-party warehousing and trucking. This allows for this company to focus on their core of sales and marketing. The business is divided into two product classes: industrial raw material and filtration products. The industrial raw materials include talc, barytes, calcium carbonate, diatomaceous earth, pigments, colorants and rheology additives. The clientele in this field are in the coatings, ink, plastic and elastomer compounding fields. The filtration products line includes diatomaceous earth, perlite and cellulose fiber aids, filter sheers, pads, cartridges, bags and much more. This company services liquid applications from wastewater to pharmaceutical and biological filtrations. The vast majority of their products are by an engineer, on-plant supervisor. This business has a stellar reputation in their marketplace and with their client base. 80% of their annual business is from repeat orders from their satisfied customers. They have long-standing relationships with both suppliers and customers. This is a turn-key opportunity with over $300,000 in asset value is to be transferred with the business sale as well. If you would like more information about this business, or if you would like to schedule a site visit, please contact the listing agent by filling out the online form. Online inquiries will be replied to with an email from an @marvingroupllc.com address with a required NDA attached. These can sometimes get filtered into junk/spam folders. If you do not hear back from the agent with 24 hours (weekdays), please contact them by phone.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,000
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased Warehouse Space. 2,000 sq ft. office/facility. $4,500/Month
Growth & Expansion
Increased focus on plastic and rubber industries, market to wastewater companies, add sales staff, increase product lines, expand marketing
Support & Training
Owner will train the buyer for 4 weeks
Reason for Selling
Retirement
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Tommy Farmer