Illinois
Bond County
Listing Type: For Sale By Broker
Category: Retail: Other
MLS #: SA254243
| Description: |
Business’s primary focus was a quarry rock distributor/reseller. In 2000-2001, it diversified in lumber and landscape materials. One of the owners was hired in 2005 as a field sales person for rock, lumber and landscape materials to home owners and businesses. In 2007, the current owners purchased the business and changed the name. Since the current owners have taken over sales have tripled in volume with minimal sales volume drop during the recent downturn of the economy. The same year the business was purchased the owners also purchased an established Pittsburg Paint dealership and added this product line. This past year, the company then branched into building pole barns and furnishing the crew and building materials. Equipment and all furnishings would be included in the price. Currently the company sells landscape material, lumber material, and driveway industrial and decorative rock. They also sell paint for residential and commercial and recently started selling hot tubs due to demand and no local competition. This is a very service oriented company with a very loyal customer base and very little direct competition in the area of business. Business could easily be expanded and new things added because land and buildings are not fully utilized. Economic Development loan available from the city at 3%. |
| Pricing Information |
| Asking Price: |
$875,000 |
FF & E: |
|
| Gross Revenue: |
$1,212,364 |
Lease/Rent: |
$0 |
| Cash Flow: |
$0 |
Inventory: |
85000 |
| Adjust Net Income: |
|
Real Estate: |
|
| Monthly Payroll: |
|
|
|
| About The Business |
| Style: |
Information not available. |
|
|
| Year Established: |
2007 |
Lease/Rent: |
$0 |
| Full Time Employees: |
4 |
Part Time Employees: |
5 |
| Size (square feet): |
12500.6500.3500 |
Lot Size (acres): |
3 |
| About The Sale |
| Reason for Selling: |
| pursue other opportunities |
| Is Financing Available? |
| Yes- owner is willing to carry 10-20%. |
| Is Owner Willing To Train/Assist New Owner? |
| Yes |
| Is This a Home Based Business? |
| No |
| Is This a Distressed Business or Bankruptcy Situation? |
| No |