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Business For Sale
LOW VOLTAGE ELECTRICAL & NETWORK DISTRIBUTOR
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Asking Price: |
$500,000
USD USA Dollars
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Business for Sale Industry: |
Technology: Communications & Media
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Reason for Selling:
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Retirement |
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Year Established:
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1993 |
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# of Employees:
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2 |
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Yearly Revenues:
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$504,219 |
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Yearly Net Profit:
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$224,998 |
Business for Sale Overview:
An unusual opportunity to acquire a rather unique Cable, Wire and Network Connections Distributor. The company, first established in 1993, provides Low Voltage Connectivity Solutions for Telephone, Security and Computer and Audio/Video installations in a variety of areas ranging from Hi-Rise Developments to Restaurants, Government Institutions, single family homes and commercial buildings. As would be expected the company is extremely well established, well known and has an extensive customer list. Its uniqueness comes from its ability to not only provide the connectivity components but also to provide a complete setup, layout and installation solution for its customers. These include Value Added Resellers, Electrical/Cable Distributors, Wholesalers/Manufacturers, and Wiring Contractors.
Property Features and Assets:
1,680 square feet Office/Warehouse in upscale business park. Seller owns the unit and will provide attractive 5 plus year lease with renewals. Location is within an expanding area with significant building activity.
Market Competition and Expansion:
Competition: This company is perhaps unique in is ability to provide a total connectivity solution, including all components and layout for almost any job in the Phone, Security, and Computer field. Whilst there may be other distributor in this field, few would come close to the breadth of its products, or provide the same immediate supply and service to key customer or the complete installation package.
Growth/Expansion: Absolutely No Advertising or Promotion has been undertaken, now or since establishment. Inclusion in the Construction “Blue Book” alone would reap immediate benefits. Harvesting the customer database, all computerized, would see significant increase in sales, as would the addition of one or more sales reps. And an aggressive seeking of component supply to the new low-rise and hi-rise buildings in S Florida would yield very significant results. A change from passive order-taking to pro-active marketing & selling would enable the company to go to another level altogether.
Additional Details:
- The property is owned.
- 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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