Industrial Marine Electronic & Networking Distrib.

Not Disclosed, AL
Mobile County

Asking Price: Annual Revenue:
$295,986 $1,707,337

Wholesale/Distribution: Durable Goods

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RE: Industrial Marine Electronic & Networking Distrib. Broker: William Kleinschrodt

Quick Facts

Asking Price: $295,986
Annual Revenue: $1,707,337
Net Profit: Not Disclosed
Cash Flow: $114,464
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 3
BBN Listing #: 184655279
Broker Reference #: 24876-729251

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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+ sq. ft. 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.

The other 30-40% of sales customer volume consists of hundreds of other small accounts but represent many blue chip - industrial, GC, plants, utility customers).

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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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