Wholesale Electronics

Not Disclosed, GA

Southeast U.S.

Asking Price: Annual Revenue:
$2,200,000 $7,858,199

Wholesale/Distribution: Durable Goods

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RE: Wholesale Electronics Broker: Art Lennig
Owner Financing is Available!
$2MM down/$200,000 over 120 months @ 6.50%.

Quick Facts

Asking Price: $2,200,000
Annual Revenue: $7,858,199
Net Profit: Not Disclosed
Cash Flow: $468,369
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1976
Employees: 7
BBN Listing #: 7214955
Broker Reference #: 1103-17313

Email or Print Listing

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Business Overview:

The Company caters to the school and religious organizations. They sell multiple products to them.

There is a sales team that works with the customer and their needs. This team helps the customer acquire the correct equipment for what their needs are at the time.

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Property Features and Assets:

This business operates out of its own a 11,000 square foot free standing building. The building is Steel Frame with Metal siding. The land is 53,579 Square feet - 1.23 Acre. The building has 3,930 square feet/35.7% office space. The Warehouse has two dock-high doors and one drive in door. There are 6 marked paved parking spaces plus additional parking on gravel parking areas. The building was constructed in 1984 and is in average condition. Zoned as Light Manufacturing. Assets = $990,000

Market Competition and Expansion:

Competitive Markets: There are many competitors in audio equipment, however there are only a few that compete in the same market and at the same level that The Company operates in. Their ability to continue to produce high quality service at a reasonable price continues to drive their business. Competitive Parameters · Strong Reputation · Quality & Service · Meets or Exceeds Deadlines Competitive Advantages/Weaknesses: The Company has high customer loyalty and repeat business. Relationships with suppliers are strong and drive their cost of goods sold around or below 30% of revenue. A high level of knowledge of the market, products and their customers’ needs help The Company to continue to grow. This allows The Company to keep operating at their level with the employee ratio to a minimum. Growth potential is good today. The business has been growing each year for the past several years.

Reason for Selling:

Seller is ready 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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