Established electrical products wholesale and retail establishment
Asking Price: | $900,000 |
Gross Revenue: | $886,819 |
FF&E: | $45,000 |
Cash Flow: | $51,000 |
Inventory: | $162,000 |
Established Year: | 2005 |
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.