Absentee, Recurring, Asset-Light, Remotely Operated Distribution Firm - Business for Sale

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Remote Stampings Distribution Firm in Chicago, IL

Chicago, IL, US
Added 29 days ago
Stampings and Machined Parts Distribution
9 years in business
RemoteAbsentee / Semi-Absentee

This business is a remotely operated, asset-light distribution firm specializing in stampings and machined parts for a Tier-1 Mining OEM, located in Chicago, IL.

Key Information

Asking

$925K

Revenue

$974K

Earnings

$343K

Multiple

2.7x

Key Highlights

  • Business has been established for 9 years
  • Customer base consists of a sole long-term Tier-1 Mining OEM customer with high switching costs due to custom tooling
  • Business is operated absentee with management working less than 5 hours per week, typically 1-2 hours per week
  • There are 4 contractors and $4,000 in furniture, fixtures, and equipment

Contact Info

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