Established electrical products wholesale and retail establishment

Broward County, FL

Seller Financing Available

Sample Lighting Products
Asking Price:$900,000
Gross Revenue:$886,819
FF&E:$45,000
Cash Flow:$51,000
Inventory:$162,000
Established Year:2005
BUSINESS DESCRIPTION

The business is an established wholesale and retailer of electrical (construction) products and lighting products. The business has a loyal customer base. For marketing, the business has a beautiful catalog, an established professionally developed and managed web site, and an in-person outreach program. The business has established positive relationships with its suppliers and has good terms and great margins.

The business has a pre-approval from the SBA with certain conditions and the seller is willing to provide partial financing. The seller is willing to stay with the business for a reasonable period of time to transition and the existing sales staff should remain with the business.

The business currently has a month to month lease, however, it should not be a problem to secure a longer term lease.

The business can be purchased independently or as part of a package with the owners complementary specialty lighting business located in an adjacent facility in the same business complex.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Various desks and office equipment. Warehousing equipment and warehouse support equipment.
Competition
The market is strong and growing. There is some competition, however, the owner enjoys strong loyal relationships with its customers.
Growth & Expansion
The business is primed for significant growth. An increased online presence and digital marketplace addition could substantially increase revenues.
Financing
The seller is interested in pursuing other opportunities.
Support & Training
The owner is willing to stay with the business for a reasonable period of time to train and transition to the new owner.
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Dr. Ed
Kwoka
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Dr. Ed Kwoka