Heartland Business Transitions, Inc. represents businesses throughout the United States with particular emphasis on the Midwest and Great Lakes states of Illinois, Indiana, Iowa, Michigan, Minnesota, Missouri, Ohio and Wisconsin.

Current Opportunities/Businesses For Sale

Midwest Premier Courier/Delivery Service (Midwest):

Client Number: MG1730

High potential company specializing in meeting the need for logistical immediacy in the corporate, financial institution, health care, bank and retail markets. Real-time information and ordering capabilities at the touch of a button as well as round the clock live operator service. Repeat business, market reputation and human capital/fixed asset infrastructure help ensure continuity of its operations. Owners are committed to remaining following a sale to help ensure a smooth transition of ownership. Non-air scheduled and on-demand delivery services, 91% and 9% of business respectively, via company-owned vehicle fleet to private businesses. $4.9 MM is sales with EBITDA of $839K(17%). Professional drivers with a large fleet of vehicles provide unparalleled service that includes fast, reliable, on-time services to clients. Ongoing service agreement with each customer, and a 90 percent rate of repeat business. Opportunities for growth in pursuing other industries and expanding territory.

 

Provider of Wholesale and Retail Gasoline & Diesel Fuel (Midwest):

Client Number: MG1728

A well-established & profitable company specializing in the wholesale & retail provision of bulk fuel, since 1975. In addition to the sale & delivery of bulk gasoline, diesel fuel, & home heating oil, the Company operates a comprehensive convenience store/service center. Retail facility serves as the main office & includes a convenience store; multi-pump service station; mechanic/service bays; car wash; national rental franchise; storage area & loading dock; multiple underground bulk storage tanks; 3 offices; & a separate 7,500 sq. ft. building currently leased to a 3rd party. The Company is located in an exurban area of a major Midwest city. Corner-front facility is located along a major thoroughfare & sees traffic of approximately 20,000 cars each day. Underground bulk storage plant upgraded in 1998 & building in 2002. Facilities are available for lease or purchase. 55% of revenues derive from retail sales, with the remainder contributed by the jobber services. Licensed for bulk delivery in 2 states. Wholesale delivery services primarily to agricultural & commercial accounts, & home heating customers. Revenues for FY 2007 of $10,948,000.

 

Manufacturer & Distributor of HVAC Parts & Sheet Metal (Lower Great Lakes):

Client Number: MG1653

Profitable pair of companies specializing in the skilled fabrication of sheet metal for commercial HVAC use, & the manufacture & distribution of HVAC duct work, pipe fittings & accessories for residential & commercial installation. In continuous operation & under the same family ownership since founding in 1964, the Companies reach deep into both sides of the HVAC industry. Strategic location near major state & interstate thoroughfares to serve a tri-state region. The trusted supplier for 400+ accounts, enjoys a greater than 60% rate of repeat business. Streamlined operating process honed over many years in the industry. Word of mouth referrals account for nearly half of all new business generated, a testament to the strong reputation for superior quality & excellent service. Longtime member of the Air Conditioning Contractors of America (ACCA). FY2007 Gross Revenue of $1.8 MM with EBITDA of $82K. 4 crucial employees committed to remain under new ownership.

 

Provider of Precious & Scrap Metal Collection & Resale (Great Lakes):

Client Number: MG1654

A major regional player in the precious & scrap metal recycling industry purchases & collects primarily silver & aluminum from 800+ customers for subsequent resale to large recovery & refining operations. Increased focus on recovery of scrap silver, which retains higher gross profit margins. Silver sources include scrap film, silver accumulated in canisters & silver recovery units, & silver flake from printers, hospitals, clinics, & newspapers. Material prices are determined by the American Metal Market (AMM); the other factor is the type of service rendered -material providers are not charged directly for recovery. Nearly three year old agreement with major refiner to be the exclusive provider & to receive customer referrals. 2006 revenues of $1,902,400 & EBITDA of $170,000 hit projections, & gains of 56% & 9% respectively promise healthy revenue and profitability growth into the future.

 

State of the Art Multi-Sports Complex (Great Lakes):

Client Number: MG1807

This state of the art, multi-purpose sports complex with extraordinary growth potential is sited in a strategic suburban-Midwest location, adjacent to major north-south/east-west interstates & within 90 minutes of nearly 9 million potential customers. Combined, over 228,000 sq. ft. of immaculately maintained facilities, including multiple professional-grade hockey rinks and basketball/volleyball courts; first-rate fitness center; enclosed dry fields for soccer, lacrosse or flag football; a youth gymnastics center; large event space; several concession areas; & space for outdoor sports. In its history, the Company has done very little in the way of formal advertising, relying mostly on repeat customers & referrals. Excellent opportunities exist to broaden the customer base through a cohesive advertising plan, & to further penetrate the area's thriving traveling sports team market. Currently operating at only 30% capacity - immediate & long term growth easily achievable without the need for capital expenditures.