Stable Electrical Wholesale - Buy a Job!
| Asking Price: | $770,000 | Inventory: | $250,000 ++ |
| Gross Revenue: | $2,333,475 | Real Estate: | n/a |
| Cash Flow: | $299,687 | FF&E: | $92,429 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is a very nice electrical wholesale distribution company with 10 years of operating history, a stable established client base and a manager with over 30 years of industry experience who is excited about working with a new owner who would like to grow this business. The owner will lease the facility (with a right of first refusal) at below market rates. $1,500/mo. for 5,400 sq/ft of wharehouse and office space. The business needs an owner who is familiar with accounting and inventory controls. The business currently does not have an outside salesman. Anyone who pro-actively attends to the "sales" department will instantly increase the value of this business. Purchasing this business at this price should offer the new owner a competitive salary in addition to a healthy ROI for your down-payment. Owner is currently bidding on $2.4M worth of contracts that he considers "likely to win" with standard gross margins. These contracts alone with nearly pay for this business in full.
About the Business
Year Established:1999
Employees:3 full time -
Facilities:5,400 sq/ft facility for $1,500/mp.
About the Sale
Management Training and Support:4 Weeks included in price with extended consulting agreement available.
Reason For Selling:Retirement
Seller Financing:Available and Negotiable.
Attached Files - Attachment Disclaimer
KEYWORDS: Electric, wholesale, electrical, seimens, square-d, square d, wire, switchgear, breakers, lighting, ballasts, distributor, distribution
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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