17545-Legacied Industrial Chemical Supply Company

IL

Seller Financing Available
17545-Legacied Industrial Chemical Supply Company
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Asking Price: $500,000

Cash Flow: $161,000

Gross Revenue: $518,000

EBITDA: N/A

FF&E: N/A

Inventory: $35,000

Established: 2004

17545-Legacied Industrial Chemical Supply Company

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Business Description

Long-standing, professional wholesaler and supplier of high quality industrial chemical products has a very rich history rooted in successful management over decades of growth since its inception in 1947. Mainly operating in the Ohio-Illinois area (100 mile Chicago-center radius), the potential national salesforce's primary product lines consist of high grade ground asphalt (used in newsprint ink products), stearic acid-based lubricant products (used in tire manufacturing), and drilling fluids amongst other chemicals. The company operates from a 15,000 square-foot facility, which it leases from a third party; having become home-based since December and is absentee-operated from Florida. After 2006, it’s developed exponentially, with the majority of its revenues coming from repeated business; its customer base consisting of relational sales and large industrial manufacturing companies based in the printing, automotive, and oilfield industries. The company has a proven track record of being able to grow with minimal capital infusions, low percentage of overhead expenses relative to revenue, and maintaining a strong market presence with repetitive sales through its history, reputation, and range of quality products. In 2018, the company’s total revenue was $517,964, with Seller’s Discretionary Earnings of $160,771. Ownership agrees that with minimal marketing efforts focusing on targeting referrals from regional clients and large corporations, along with the possibility of furthering international business from its current ratio of 3%, represents a significant continued growth opportunity under new ownership. Based off of independent valuation!

Detailed Information

Inventory:
Included in asking price
Employees:
4
Facilities:
Home Based
Financing:
Negotiable for the right buyer
Support & Training:
The owner is available for a standard transitioning period up to one year.
Reason for Selling:
Other interests
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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