Business for Sale Overview:
Established & dominate wholesale electrical distributor located in Central Florida. Supplies wide array of brand name products to both industrial and residential contractors. This company is known for it's unparalleled customer service and timely deliveries. Sales revenues over $7 million in first 9 months of fiscal tax year 2008 ending December. Management in place to be operated by an absentee owner. Two locations, property available. Management Training and Support: 30 days.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Two facilities, both locations approx 6,000 sq. ft. Owner to rent at Fair Market Value.
Cash Flow Comments: 9 Months of fiscal year ending March 2009.
Inventory: $707,459 (Included in Asking Price).
FF&E: $540,719 (Included in Asking Price).
Market Competition and Expansion:
Seven competitors have closed in the past year. Sales were off in 2007 from a high of $8 million in Fiscal Year 2006, but not dramatically due to no concentration of business in residential area. 2008 trend well above 2006 record.
Reason for Selling:
Wants to retire.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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