Return to search results

Warehouse / Inventory Management

Will County, IL

Seller Financing Available
Warehouse / Inventory Management
Contact Seller

Asking Price: $6,500,000

Cash Flow: $2,072,823

Gross Revenue: $5,393,400

EBITDA: $2,220,866

FF&E: $1,500,000

Inventory: N/A

Real Estate: $6,000,000*

Established: 1900

*not included in asking price.

Warehouse / Inventory Management

Save Print Share Valuation Report

Business Description

The “Company” is a provider of warehouse storage / inventory management / rework / distribution / short haul delivery / and also rents ~15,000 sq. ft. to 1 tenant in the 220,000 sq. ft. building. The Company has retained Keely Business Services as its advisor to evaluate buyer offers and assist with structuring the sale of the Company.

The Company is second generation privately held and the owner has thirty years experience with the Company. Unusual for this industry and certainly a benefit to any buyer, 50% of the employees have been with the Company for more than 7 years and the Operations Manager will soon be celebrating his thirteenth anniversary. The owner is willing to transition the company for up to two years as confidence builds with three of the primary clients who have partnered with the Company for over 30 years. The current owner purchased the business from his father in 2003 and quickly grew the business by adding services as a dedicated distribution center for a major grocery store chain and a very large food packaging provider. To focus on the warehousing and distribution clients the relocation portion of the business was sold in 2011 and the trucking assets in 2012. Profits surged as operating overhead was cut and the business now averages a stunning 38% net margin on steadily growing revenue.

The real estate has been determined clean by a recent Phase 1 study and will be sold along with the business at fair market value of ~ $5.6 MM. The eighteen acre site allows up to 500,000 square feet for additional roofed space. Portions of the yard are leased to smaller trucking companies for equipment storage and ready access.

The Seller is offering 50% or more financing to mitigate the high customer concentration.

Detailed Information

Will County, IL
Real Estate:
Not included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
225,000 sq.ft. 8 dock - 18 acres total - 13 acres open - metal roof
Growth & Expansion:
Building is now at 95% capacity - expansion is needed to grow revenue
50% Business Only
Support & Training:
Up to 2 years
Reason for Selling:
Contact Seller

Contact the Seller

Contact Seller Loading

Rex Slagel

Business Listed By:
Rex Slagel

Keely Business Services

Show Phone Number

View My Listings

Listing Statistics


Demographic Information


Real Estate Insights


Metro Area Scores


Ad#:1655154 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Similar Listings

Go Mini's Portable and Moveable Storage

Franchise Opportunity In IL
Cash Required: 150000