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Business for Sale Overview:

The Company liquidates electrical equipment and buys, sells, and refurbishes obsolete and specialty electrical products, such as panelboards, switchboards, bus ducts and switches, fusible switches, circuit breakers, motor controls, starters, combination starters, motor control centers, MCC buckets, transformers, batteries, UPS systems, contact kits, push buttons, generators, fuses, breaker mounting kits, and distribution panels. The Company is also a distributor for several electrical manufacturers and handles any customer request to purchase or resell any type of product, in addition to testing circuit breakers. In 2006, sales were driven by contractors (38%), wholesalers (35%), individuals (19%), and building maintenance (8%). Management has increased sales at a CAGR of 55% over the last three years while also increasing EBITDA as a percentage of sales from 9.9% to 13.9% over the period. The Company is proud of its strong ties to clients and its reputation for quality products and customer service. This commitment is represented in an enviable 80% retention rate of clients. The Company’s top customers have been working with the firm for over 6 years. The Company has over 450 active accounts. The top three customers constitute only 12% of the Company’s total sales. The Company has a national presence with sales throughout the continental US. In addition, the Company has strong supplier relationships around the country.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This may become a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.