Chicago - North Suburbs LISTING #: 17564
Introducing an acquisition opportunity for a fastener distributor with over 60 years in business. The business was started in 1960 and the current owner has been operating the business for 48 years. As of Q1 2021 the subject business booked 664k in orders, generating 162k in accrued profits, demonstrating that they are on track to exceed 2019 results and already ahead of 2020 results. The seller is dedicated to providing a thorough transition and ongoing support for a qualified buyer. This business has established a robust supply chain, with approximately 60% import and domestic suppliers available when needed. The customers are primarily repeat, and the seller is willing to stay on for an extended transition to ensure customer retention. This business offers a new buyer instant access to a new revenue stream. The buyer has the flexibility to continue operating as-is or merge the business into an existing operation. The proven business model has withstood the test of time and a new owner will benefit from training from an industry veteran. Please email firstname.lastname@example.org to sign the NDA and request a prospectus.
Office: LBB Chicago
Property Leased: No
Real Estate Included: No
Inventory Included: No
Hours of Operation: Mon - Friday, 8-5
Reason for Selling: Retirement