Electrical Supply Distribution Company- Owner making $381K annually

Northampton County, PA

Seller Financing Available

Asking Price:	$1,550,000
Gross Revenue:	$2,000,000
EBITDA:	$281,000

Cash Flow:	$381,000
Inventory:	$400,000
Established Year:	1994

Listing ID: 2310928Listing provided by BizBuySell

BUSINESS DESCRIPTION

Established, Profitable and Poised for Growth. Unlock a lucrative opportunity in the thriving energy sector with the purchase of a well-established electrical supply distribution company. This business boasts a robust client base, strategic supplier relationships, and a proven track record of profitability. Positioned in a high-demand market, it offers a comprehensive range of electrical products and solutions, catering to a diverse customer base. In 2023 owners SDE was over $450K. The five-year average SDE is $381K. Business is pre-approved for SBA funding. Qualified buyer only needs 10% down. The owner is retiring and willing to train and assist with the transition.

This company is primed for continued growth and expansion. Don't miss your chance to invest in a dynamic industry with significant potential—contact us today to learn more about this exceptional business opportunity!

Key Financial Highlights:
• Annual revenue is approximately $2,000,000
• Adjusted EBITDA: $281,079 (Five-year weighted annual average)
• SDE: $381,079 (Five-year weighted annual average)
• Business is pre-approved for SBA funding, new owner can be profitable on day one

Product Line:
The company has been in business for over 30 years and offers a comprehensive range of electrical components, including:
• Circuit breakers and fuse boxes
• Bus Plugs
• Control items
• New, reconditioned, surplus and discontinued products

Customer Base:
The company serves a diverse and loyal clientele, including:
• Electrical/HVAC contractors
• Construction companies/Industrial Facilities
• Wholesalers
• Homeowners/Management Companies

Growth Opportunities:
The business can maintain its current operations with positive cash flow, or the new owner could grow and expand. Additional revenue opportunities include:

• E-commerce platform can be created and implemented to capture additional market share
• Could bring “testing” in house and be able to service larger bus plugs & breakers (currently outsourced)
• Business could expand product offering, adding new lines
• Expansion into emerging markets (e.g., smart home technology, EV charging stations)
• Company could bolster its market efforts (SEO, social media, etc.)
• Business can implement software to optimize their operational processes, leading to increased profits
• Potential to expand operations into tenant occupied space next door.
• Flexible property lease options or potential to purchase the building/real estate would be considered

DETAILED INFORMATION

Location

Northampton County, PA

Inventory

Included in asking price

Employees

Facilities

The business is situated in a standalone single-story building in Northampton/Lehigh County, Pennsylvania. The property spans 3,200 square feet, with the business currently occupying 1,700 square feet. There is a reception area, two private offices, a kitchen/break area and the remainder of the building is set up as warehouse and workspace. The lease terms are flexible and can be extended to accommodate. The property presents a unique opportunity for a buyer to potentially expand into the adjacent space almost doubling their workspace.

Competition

The Electrical Distribution market is strong and growing. While competition exists, this company has built a strong reputation in the local market for consistently keeping the right products in stock, as well as for its exceptional customer service and helpful approach. Most of their customers are based in the New Jersey, Pennsylvania and New York areas. However, they do have customers across the country and ship products anywhere in the United States as needed. They service a diverse range of customers.

Growth & Expansion

The current owners have been able to enjoy steady growth and profitability year after year, decade after decade. The Sellers Discretionary Earnings (SDE) was over 450K in the year 2023. The business is a well-oiled machine and can continue to operate successfully in its current state or the new owner can take advantage of opportunities for growth and expansion. Contact us for a business profile for more details.

Financing

The business is pre-approved for SBA funding, qualified buyer only needs 10% down.

Support & Training

The current owner is committed to helping ensure the success of the business by providing training and guidance for up to one year if requested.

Reason for Selling

The current owner is seeking retirement and is willing to train.

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