Material Handling Distributor for sale in Chicago

This is a growing industry and a very profitable Material Handling Distributor. The client base includes the industrial, commercial and warehousing sector. This distributor has customers all across the Midwest and even sells in the deep South. A majority of their business comes from Illinois, Michigan, Ohio, Indiana, Wisconsin and Minnesota. The company continues to expand within the immediate Chicago metro area, but also in all of their neighboring states., The potential to be more aggressive nationwide is certainly there to explore. This business is only 7.5 years old and has a significant presence that was created on word of mouth and customer satisfaction as they have a minimal sales force that is mostly inside tele-sales.

Asking Price: $2,675,000 plus inventory
Gross annual sales (approximately): $3,598,550
Verified Cash flow or net (approximately): $498,644
Value of furniture, fixtures & equipment (approximately): $265,000
Value of inventory (approximately): $225,000 (Not Included in Asking Price)
Value of Real Estate (approximately): $600,000
Building, Lease details (approximately): Approx. 12,400 Sq. Ft.
Seller Financing: Seller is happy to discuss some financing with a very qualified buyer.

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