Business Overview:
This is a well-established and profitable wholesale distributor of audio, video, voice, data, and automation solutions.
Established in 2005, the company possesses strong recognition and an excellent reputation in the industry which would leverage a new owner to achieve growth in other markets.
The transaction includes $75,000 in Net Working Capital. The average inventory (not included) has been about $580,000-$600,000.
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Property Features and Assets:
The business is located in a first-grade commercial building. It occupies a space of approximately 5,000 square feet between the office and warehouse.
The total monthly payment is approximately $6,500. The current lease expires at the end of August 2023. There would be no problem to renew.
Assets = $173,023
Market Competition and Expansion:
Clear growth potential exits through the penetration of new markets.
Reason for Selling:
The owner 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.
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