Business Overview:
This highly reputable distribution company of over 30 years, provides a general line of electronic components with an extensive focus on Marine and Data Networking supplies. Acquired from a regional distributor in the 1980's the Company has been serving military & local shipyard contracts for decades.
The Company operates out of a 6,400+ square feet facility which includes a fully equipped retail showroom for general contractors, sub-contractors, and general walk-ins along with an attached warehouse to stock inventory. Easily navigable website with shopping cart and extensive product list.
As being a member of a major Buying Group the Company has the ability to be extremely price competitive and numerous options to expand its distribution of products to target more end-markets and expand its customer base.
Approximately 60-70% of its historical business is in shipyards along the Gulf Coast. With decades of recorded bids and contracts, the business possesses a data-rich POS system.
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Market Competition and Expansion:
Penetration into new markets that would compliment already existing products offered.
Focus more on expanding sales distribution instead of primary focus on Military contracts.
Reason for Selling:
Other interests
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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