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Chemical Manufacturing-NOTE: in Due Diligence/Not Available Now

Will County, IL (Relocatable)

Chemical Manufacturing-NOTE: in Due Diligence/Not Available Now
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Asking Price: $1,100,000

Cash Flow: $339,812

Gross Revenue: $2,398,750

EBITDA: $197,209

FF&E: $200,000

Inventory: $250,000

Rent: $6,000 /Month

Established: 1983

Chemical Manufacturing-NOTE: in Due Diligence/Not Available Now

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Business Description

The company’s focus is private label and blending of metalworking chemicals and commodity chemicals such as windshield washer solutions and water regeneration products. This includes water diluted cutting and grinding fluids, cleaners, rust inhibitors, graphite products, wax products, drawing and stamping fluids. The company also has made cutting and grinding fluid base.
The company has an excellent manager and staff so that the owner is not involved in daily operations.

Detailed Information

Location:
Will County, IL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
18,000
Lease Expiration:
N/A
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The main building houses the offices and the production area. There is a second building used as a warehouse for raw materials and finished goods.
Competition:
With the exception of photographic chemicals, chemical manufacturing is a growing industry. Companies in this industry have a higher barrier for competition to enter.
Growth & Expansion:
There has been very little effort to secure new customers so any sales initiative would increase sales. The company owns formulas for metalworking chemical products of which the product line was discontinued a number of years ago and could be restarted and sold to distributors.
Support & Training:
The seller will train for a period of time to be determined and agreed upon. He is interested in the company's continued success and is available for support.
Reason for Selling:
Retirement
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Contact the Seller

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Stew Gilgis

Business Listed By:
Stew Gilgis

Atlas-way Group

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Sponsoring Broker:
William Augustine

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Demographic Information

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