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Business For Sale
ELECTRICAL COMPONENT DISTRIBUTOR
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Asking Price: |
$12,000,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Electronics, Tech., Cell Phones
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Reason for Selling:
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To take company to the next level. |
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Year Established:
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1984 |
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# of Employees:
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45 |
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Yearly Revenues:
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$23,000,000 |
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Yearly Net Profit:
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$1,200,000 |
Business for Sale Overview:
The company specializes in sales in all facets of electronics focusing on the Commercial, Military, Aviation and Telecommunications industries. The company is a franchised distributor to over 800 blue-chip caliber companies world-wide including military and FAA certified requirements and foreign governments. The company's success is attributed to many factors including rush deliveries of critical components, regional in-house sales and customer service departments to handle high volume sales and quality assurance customer service follow-through. The company is also active in in-house inventory management service with a "just-in-time" production platform. The company has a unique niche history and is primed to grow much faster in the future.
Property Features and Assets:
Prime NYC metro location (10,000 sq. ft.) with subsidiary locations in Mexico and Canada to service local customers. NYC headquarters has 30 employees with 10,000 square feet of warehouse and office space. Company has facility in Mexico for a major customer and sales offices in California, Canada and The Midwest.
Market Competition and Expansion:
The company has been a leader in its niche industry and is primed to achieve new sales targets during the coming year.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for 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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