Immediate Release:
Established supplier of janitorial and packaging supplies to Chicago area companies
Located in Northwest Suburbs of Chicago
Loyal Customer Base
Revenues over $800,00 in 2017
Seller Owns Real Estate
Great opportunity for a sales and marketing pro to assume this Independent Industrial Supply and Packaging business that is located in the Northwestern Chicago suburbs. For over 25 years the Company has served its business clients throughout the Chicagoland area by offering the best industrial and office products for competitive prices. It has remained an independent, family owned business and operates out of a single facility.
The Company started out by producing and distributing its own line industrial packaging supplies but has since expanded into a myriad of paper products and other industrial and janitorial supplies. The Company now manufactures and distributes packaging and shipping supplies, janitorial and maintenance supplies, lifting and rigging products, and floor machine products. The Company also distributes other corporate brand name products on top of its own independently manufactured products.
The Company currently has over 100+ accounts and generates recurring revenue from 40-50 businesses. Seller will provide training and transition to buyers as well as 10% seller financing to qualified buyers. Interested buyers can contact the Broker at president@playbookadvisory.com
Detailed Information
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The Company operates out of a single, 4,000 sq/ft facility that is owned by the seller.
Competition:
The Company works exclusively B2B with many returning customers. Almost all its new business comes from referrals from its current customer base. The Company has its own ecommerce website that allows its customers to purchase their products directly. The website also keeps its list of products available for purchase up to date and includes all the necessary Company contact information. It does not have many reviews on social media, but the reviews it has are all excellent.
Growth & Expansion:
The Company does minimal marketing and a new owner could easily expand the business by pouring more into the marketing budget and investing in online advertising and SEO. There is room for a small team of sales reps to be put in place to expand into other markets as well.
Financing:
23000
Support & Training:
Mutually negotiated training and transition – 6 months
Reason for Selling:
Retirement