Established proven wholesale electrical products business

Broward County, FL

Seller Financing Available

Sample Lighting Product
Asking Price:$900,000
Gross Revenue:$1,230,722
FF&E:$45,000
Cash Flow:$255,028
Inventory:$94,000
Established Year:2005
BUSINESS DESCRIPTION

Established wholesale electrical products and lighting products with proven track record and established client base. The company has a strong internet presence and professionally created and maintained website. The business enjoys higher than normal margins and operates on a Monday thru Friday schedule.

The business has clients throughout the United States and Canada and projects both small and large. Additionally, the company has established a professional services component of the business to enhance revenue.

The owner will entertain partial owner financing and the company has been pre-approved for SBA lending with some conditions.


DETAILED INFORMATION
Location
Broward County, FL
Inventory
Included in asking price
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Leased commercial property. Standard desks, computers, and office support equipment. Various warehousing equipment. Lease currently is month to month basis but a lease would be available longer term.
Competition
The market is experiencing growth and while there is competition, the business has long term loyal relationships with key clients.
Growth & Expansion
The owner has been remiss in planning and executing for growth. Under the right new ownership, the company could easily expect to double or triple in size in a reasonable period of time.
Support & Training
Owner will stay on for a reasonable period of time to train and transition.
Reason for Selling
Owner is interested in pursuing other ventures.
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Dr. Ed
Kwoka
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Dr. Ed Kwoka