What is Able Distributors?
Founded in 1980 by Andrew Bleier, Able Distributors began with a contractor-centric philosophy: "the supplier who works with you." Operating from a modest 800-square-foot store in Chicago, the company has evolved significantly over three decades. Today, Able Distributors boasts over 100,000 square feet of inventory space in the Chicagoland market, offering a comprehensive catalog of more than 10,000 items from over 100 manufacturers. This extensive product range and deep industry relationships have cemented its status as a leading HVAC wholesale provider.
How much funding has Able Distributors raised?
Able Distributors has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Able Distributors
PPP
Public-Private Partnership
What's next for Able Distributors?
With its large-scale, late-stage funding, Able Distributors is strategically positioned to enhance its operational capabilities and market reach. The recent strategic investment signals confidence from financial backers in the company's long-term viability and potential for continued expansion. Future initiatives are likely to focus on optimizing inventory management, expanding distribution networks, and potentially exploring new product lines or service offerings to further solidify its competitive advantage in the HVAC wholesale industry.
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