Electronic Components Distribution Company includes Real Estate – Has Accepted Offer
Price: $910,000
Annual Revenue: $634,797
Net Cash Flow: $87,707
Industry: Distribution
Location: Onondaga County, New York
Company is an electronics component distributorship, in business since 1989 and located in Central New York. Company has an extensive and diverse inventory with a streamlined online ordering process with shopping cart.
Company enjoys solid relationships with several retail electronics component franchises (video games, cell phone accessories, computer equipment, etc.) Their wide-ranging product line spans the full spectrum of electronic components.
Company has a solid reputation and a large B to B customer base of 5,000+, located around the country and some international. (No retail sales)
Listing Details
FFE: $138,000 (Included in Price)
Inventory: $310,000 (Included in Price)
Real Estate: $450,000 (Included in Price)
Reason For Sale:
Owner wants to retire.
Training & Support:
As negotiated.
Operation
Year Established: 1989
Employees: 4
Location
Square Footage: 9000
Facilities Information:
Owned. 3 acres with 9,000 sq ft office and warehouse. 3,000 sq ft of the building is currently being rented to another business tenant.
Building Value: $450,000
Summary
Competition:
- Internet of Things (IoT) spending will increase significantly over the next couple of years. Company can use this opportunity to plan significant expansion
Potential Growth:
Company could easily grow with expansion of their online presence and implementation of powerful Search Engine Optimization (SEO), which is currently not being implemented fully. Consumer electronics is a large driver of the growth of the electronics industry, which the Company is currently not targeting.