Industrial Distribution Company for sale in Chicago

This company was opened in 1990. The owner/operators came from a distribution background where they had been down-sized or laid off, but had connections as well as an ability to compete on a smaller level with previous employers. This business specializes in various specific metal as well as alloy components, parts, shafts, pipes, flanges, etc...The items this company supplies are used in all kinds of industrial as well as construction settings. They service clients all over the United Sates and beyond when needed. This business has benefited from their reputation in providing very good customer service and delivering with super fast turn-around. Located within the Chicago city limits, this business has easy access to major trucking routes as well as the two major Chicago airports. Fully staffed with experienced owners who are proactive sales people, but also have some sales engineering backgrounds. This is a a company that has grown organically based on previous relationships and continues to grow. The sellers are extremely personable and welcome the opportunity to meet with all potential buyers pr buyer groups.

Asking Price: $3,195,000 plus inventory
Gross annual sales (approximately): $3,798,550
Verified Cash flow or net (approximately): $592,644
Value of furniture, fixtures & equipment (approximately): $265,000
Value of inventory (approximately): $215,000 (Not Included in Asking Price)
Value of Real Estate (approximately): $1,125,000
Building, Lease details (approximately): Approx. 18,000 Sq. Ft.
Seller Financing: Seller is happy to discuss some financing with a very qualified buyer.

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