Niche' Illinois based Distributor/Retailer/Installer

Illinois

Seller Financing Available

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Asking Price:$2,800,000
Gross Revenue:$6,932,907
FF&E:$540,800
Established Year:1932
Cash Flow:$600,000
Inventory:$1,000,000
Real Estate:$1,500,000
BUSINESS DESCRIPTION

Make Offer
Owner wants to retire and will consider selling a minority position with an option to purchase majority position of residential and commercial wood products, windows, door and flooring. Average SDE $600,000! Sale includes $1,000,000 in inventory and $500,000 in equipment. Terms and conditions negotiable 2023Sales $6,120,496
This is a business with all of the components to support very significant growth in E-Commerce, Niche" Retail, and distribution. The owner has laid the ground work, build the infrastructure and he would like to retire. This is a great opportunity for someone who can handle the potential! #2 key person in place!!!!
What Makes this Business Valuable?
1. Differentiating product and services
2. Commercial and retail flooring.
3. Hard to Find Products
4. Manufacturing, wholesale and retail of products
5. Offers professional insulation
6. Manufactures custom products
7. Employees who know and understand the business.
8. Provides storage and custom products for “Just-in-Time Inventory” clients.
9. Physical facilities.
11. Cost controls which measure each job
12. Biggest seller of niche products in the Midwest.
13. Largest stocking dealer of these products in Illinois.
14. Includes $1,000,000+ in inventory and $500,000 in equipment
15. Flexible Terms and Conditions
16. Transition assistance
Real Estate is available.


DETAILED INFORMATION
Location
Illinois
Inventory
Included in asking price
Real Estate
Owned
Building SF
40,500
Employees
22
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two locations: Location 1: 40,500 sq ft warehouse, storage, manufacturing display & office. Seller would lease or sell to the buyer. Location 2: Buyer would have to assume this lease.
Competition
Some competition for retail products. Very little for the wholesale and custom products.
Growth & Expansion
The owner has developed this business as far as he would like to do so. He has build a niche' business with a very strong foundation for growth. #2 person in place!
Financing
Yes
Support & Training
Owner will assist with the transition.
Reason for Selling
Owner has been very successful and would like to semi-retire
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Steve
Sink, CBI-M&AMI
Phoenix Affiliates
Steve Sink, CBI-M&AMI