Businesses For Sale
















4

Midwest Niche Building Supplies & Materials Company

This long established "Niche Building Supplies & Materials Company" offers reliable on-time delivery of a wide variety of quality products to contractors as well as to homeowners. The firm's ability to manufacture products that are not available anywhere else in this operation's geographic footprint has proved to be a compelling reason for contractors to choose to travel and place their orders with this company.

In the last five years revenues have ranged from $3,708,618 to $4,545,780. The Owner's Discretionary Earnings in the last five years have ranged from $500,553 to $1,152,800. The Owner's focus in 2016 on improving operating efficiencies while eliminating unnecessary expenses is reflected in the financials.

The Owner expects the efficiencies already implemented will continue to improve profitability in 2017.

The year to date financials for this company through November 8, 2017, when compared to the same period in 2016, reflect:

* Revenues are up 2.4% Year to Date.
* Net Income is down 9.7% Year to Date.

Two key managers are in place, overseeing various aspects of the company's day to day operations. Many of the employees have been with the company for two or more years, some for a considerably longer time. A substantial number of the employees are cross-trained, handling different roles and functions during the year.

The Owner has implemented a regular maintenance schedule to ensure the equipment and physical facilities are in optimum working order. The employees adhere to the scheduled maintenance & repair program on the facilities as well as on the vehicles and equipment.

The $2,400,000 value of the equipment included in the purchase price of the business is probably understated. While it reflects the approximate value of the vehicles, it does not address the value of the furniture, fixtures and equipment also included in the purchase of the business. The company was established in 1985 and has 23 full time and 3 part time employees.

The Purchase Price for the "Niche Building Supplies & Materials Company is $3,200,000.

Please Refer to Listing ID 6750896.

Please refer to listing ID: 5750896

Industry:  Wholesale and Distribution
Industry Segment:  Wholesale and Distributors
Geography:  United States
Asking Price:  $3,200,000
Gross Revenue:  $4,545,780
Cash Flow:  $1,152,800
Value of Inventory:  $500,000 (Included in Asking Price)
Value of Equipment:  $2,400,000 (Included in Asking Price)
Value of Real Estate:  $3,300,000
Year Established:  1985
Number of Employees:  23 FT & 3 PT
Mgmt. Training/Support:  The Owner has expressed a willingness to provide training and transitioning post-closing.
Reason For Selling:  Retirement.
Facilities:  A detailed description of the facilities housing this Niche Building Supplies & Materials Company will be provided to prospects who have signed the appropriate Non-Disclosure Agreement as well as the R.E. Agency Disclosure, provided financial information, and who have been approved by the Owner to be introduced to this opportunity. Please Note: The sale of the Niche Building Supplies & Materials Company does not include the sale of the real property and facilities housing this operation. The Real Estate is available for an additional $3,300,000. The Owner is willing to consider leasing the facilities housing the operation to the new owner. The Owner has implemented a regular maintenance schedule to ensure the physical facilities as well as the equipment are in optimum working order. Linda J. Purcell is a licensed IL Real Estate Managing Broker and licensed WI Real Estate Broker. Contact Info. Tel: 847-358-9404. E-Mail: lpurcell@purcellasc.com.
Market Outlook/Competition:  The forecast for this industry is 4.4% growth annually from 2016 - 2021. The Owner has initiated cost savings on several fronts that will improve profitability in 2016 and going forward.
Name:  Linda J. Purcell CBI, Fellow of IBBA
Email:  lpurcell@purcellasc.com
Phone:  847-358-9404

 

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1020 W. Mallard Dr.
Palatine, IL  60067
TEL    847-358-9404     FAX    847-241-0004
lpurcell@purcellasc.com
© 2005 Purcell and Associates.
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