Business Overview:
Company is an electronics component distributorship, in business since 1989 and located in Central New York. Company has an extensive and diverse inventory with a streamlined online ordering process with shopping cart.
Company enjoys solid relationships with several retail electronics component franchises (video games, cell phone accessories, computer equipment, etc.) Their wide-ranging product line spans the full spectrum of electronic components.
Company has a solid reputation and a large B to B customer base of 5,000+, located around the country and some international. (No retail sales)
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Market Competition and Expansion:
Competition:Internet of Things (IoT) spending will increase significantly over the next couple of years. Company can use this opportunity to plan significant expansionGrowth &
Expansion:Company could easily grow with expansion of their online presence and implementation of powerful Search Engine Optimization (SEO), which is currently not being implemented fully. Consumer electronics is a large driver of the growth of the electronics industry, which the Company is currently not targeting.
Reason for Selling:
Owner wants to retire.
Additional Details:
- The property is owned.
- 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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