Businesses For Sale > Business For Sale in Illinois (IL)
Commercial & Municipal Equipment Dealer for sale in IL
Illinois (IL)
Asking Price: |
Gross: |
Cash Flow: |
Undisclosed |
$ 13,721,848 |
$ 709,308 |
Furniture and Fixtures Value:
$ 1,101,580 (included in the asking price)
Inventory Value:
$ 4,885,317 (included in the asking price)
Real Estate:
$ 1,500,000 (included in the asking price)
Business Summary:
Founded over 30 years ago, the Company is a specialized equipment dealer located in Illinois. The Company sells and rents new and used equipment to commercial and municipal customers. Additionally, the Company holds certifications to service all its equipment. Since the Company operates in a niche industry, it has expanded into many different product and service offerings to make itself a one-stop shop for its customers.
One of the biggest strengths of the Business is the contracts it holds with its manufacturers. The Company consistently ranks as one of the top dealers nationwide for many of its manufacturers. As a result, the Business has never lost one of its core manufacturers to another dealer. These contracts outline exclusive sales geographies where only this Company is authorized to sell the manufacturer's equipment.
Ownership is minimally involved in the day-to-day operations of the Company. The operations are principally run by a three-person management team, all of whom are in the prime of their career and not expected to leave the Company. The Company has a great culture that promotes teamwork and partnership through its extensive benefits package and company-wide bonus program.
The Business operates out of a single building owned by a related entity; the real estate is also available for sale. The facility has an equipment and supplies showroom, a service area, office spaces, and a fenced-in yard that houses all the new and used equipment. There is a major growth opportunity to open a new branch in a nearby geography.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found, please email [email protected].
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please email [email protected] for support. Thank you in advance!
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Number of Employees:
19 |
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Facilities / Terms of Lease:
17,250 square feet with retail, office, and shop spaces. The offices were renovated in 2020, and exterior renovations were finished in the same year. |
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Potential
Growth/Expansion:
Growth Opportunities Include:
1. Introduction of New Product Lines
2. Nearby Branch Expansion
3. Launch of Online Store |
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Competition:
Investment Highlights Include:
1. Strong Management Personnel
2. One-stop Shop Dealer
3. Long-standing Manufacturer Relationships |
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Owner
willing to finance:
Limited Seller-Financing Available for Qualified Buyers. |
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Owner
willing to train:
Ownership is willing to provide reasonable and customary transition assistance. |
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Reason for selling:
Ownership is seeking to pursue retirement. |
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Seller Reference Number: 227
BusinessMart.com Listing Number: 304695 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Matt Baas
Small Business Deal Advisors, LLC
844.889.7232
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