Annual Revenue: $634,797
Net Cash Flow: $87,707
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)
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:
Year Established: 1989
Square Footage: 9000
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
- Internet of Things (IoT) spending will increase significantly over the next couple of years. Company can use this opportunity to plan significant expansion
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.