Well Established e-Commerce Specialized Business Electronics
(Seller's Discretionary Earnings)
included in asking price
included in asking price
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This very reputable e-commerce Business Electronics company, founded in 2001 by the owner, sells new and refurbished systems and accessories, primarily B2B. The products all share industry standards and protocols of interoperability, thereby making connectivity practically seamless. The company is well established and recognized for its competitive pricing whether sales, rental, repair, or trade-in related, and offers the best prices on new and used equipment.
The Seller’s “true passion” and primary full-time job is performing as a professional symphonic musician. Stretching himself between two full-time jobs has taken all of his time and he would like to reduce stress by focusing more on his music. The seller feels he has met his own personal goals for growing this company to meet his vision and would now like to find the ‘right buyer’ to take it to the next level.
A buyer for this business would optimally have a background in technology and/or eCommerce, or at least an understanding of such systems. Further growth is possible through more active online marketing, and by leveraging the referral network as well as the addition of a dedicated sales person with technical knowledge
About the Business
Contact the Seller
- Year Established:
- Number of Employees:
- Real Estate:
- Building Sq. Ft.:
- Lease Amount/Mo.:
The company leases a 2,900 sq. ft. warehouse floor to hold all of its equipment and components in the San Francisco Bay Area. Since the business is e-commerce the company does not market via retail store outlets.
The current lease is being managed as a month-to-month and will therefore need to be renegotiated with the landlord upon sale if business is not relocated. The current monthly rent is $7,500 per month.
With current technology advancing at an ever-increasing pace, the need to update and/or refurbish this type of business electronics and telecommunications equipment has created a whole new market. Bandwith has gotten more affordable so that even individual's can now purchase professional quality equipment for much less than in prior years. The market is very good and growing.
There are 3 main competitors for this company, all of them eCommerce and providing refurbished equipment. They do not, however, provide the ability to Trade-in your old equipment for newer, more current products as this business does.
Growth & Expansion:
A growth opportunity for a new owner would be to expand technical training program to include more infrastructure knowledge for the technicians. Infrastructure is a much deeper and more technical understanding of devices that improve communications.
The business is highly scalable, and relocatable.
About the Sale
- Reason For Selling:
Owner is also full time professional musician and wants to focus on that career.
The current Owner will provide a reasonable training period included in the purchase price to ensure an orderly transfer of possession. Any telephone consultation or extended training (beyond 2 weeks) will need to be negotiated.
- Seller Financing:
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