Electrical Supply and Wholesale Business for Sale

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Description

Summary Description
This 30+ year company is an independent electrical supply & lighting distributor that serves a wide range of industrial, commercial, residential, agricultural, contractors and consumers throughout its geographic market.  Carrying thousands of items, the company has an extensive inventory of not only just about every basic electrical item & industrial component. They also display commercial and residential lighting for just about every industrial, commercial and residential application. While many electrical distributors exist in the market, this electrical supply company sets itself apart by offering quick response to customer’s needs, deep product knowledge from experienced and customer-focused sales reps, and a well-stocked inventory for immediate delivery.  There are approximately 175+ active and satisfied commercial customers that provide monthly reoccurring sales, as well as over 2,000 local customers in their database they have done work with in the past.  Customer orders are typically received via counter sales, phone or email.  The company is also equipped to receive sales via the company’s, state-of-the-art custom e-commerce web site.

Real Property also available, asking $1,290,000

General Information
Year Established: 1987

Employees: 2
Facilities: Located on a busy road with great exposure.  The operational facilities (warehouse, administrative and showroom) provide ample capacity to accommodate future growth. There is plenty of parking and convenient access for customers. Plus, additional space to accommodate future growth.

Market Outlook
Competition: There are many electrical supply distributors in the marketplace; the company has developed a strong reputation for fair prices and a level of quality service that is unmatched.  As an independent this distributer is able to be nimble and flexible with product mix to compete with the nationals on large project.  Plus, they set themselves apart by being the source for hard-to-get and complex products by providing superior product knowledge and ingenuity when it comes to customer satisfaction.
Growth and Expansion: The company has potential for tremendous growth opportunities including product line expansion, consumer lighting and new build construction, internet sales, expanding its local territory, and offering delivery services.

Property Id : 19975
Business Asking Price: $750,000
Including: Furniture, Fixtures & Equipment: $20,000 Inventory: $275,000
Gross: $1,690,000
Seller’s Cash Flow: $245,000
Listing ID: LBBO43
Support/Training: Owner willing to train during a transition period.
Financing: Seller Financing Available to Qualified Buyers
Reason for Selling: Retirement and pursue other interests

William Sivell

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William Sivell