Industrial Marine Electronic & Networking Distributor - 30+ Years

Listing Number: 24876-729251

Description

This highly reputable distribution company of over 30 years, provides a general line of electronic components with an extensive focus on Marine and Data Networking supplies. Acquired from a regional distributor in the 1980's the Company has been serving military & local shipyard contracts for decades.

The Company operates out of a 6,400+ sq. ft. facility which includes a fully equipped retail showroom for general contractors, sub-contractors, and general walk-ins along with an attached warehouse to stock inventory. Easily navigable website with shopping cart and extensive product list.

As being a member of a major Buying Group the Company has the ability to be extremely price competitive and numerous options to expand its distribution of products to target more end-markets and expand its customer base.

Approximately 60-70% of its historical business is in shipyards along the Gulf Coast. With decades of recorded bids and contracts, the business possesses a data-rich POS system.

The other 30-40% of sales customer volume consists of hundreds of other small accounts but represent many blue chip - industrial, GC, plants, utility customers).

Listing Details

  • Price: $295,986
  • Down Payment: $200,000
  • Sellers Discretionary Earnings: $114,464
  • Total Sales: $1,707,337
  • Location: Baldwin County, Alabama

  • Inventory: $200,000
  • FF&E: $40,000
  • Employees: 3
  • Year Established: 1988
  • Reason for Selling: Other Businesses
  • Category: Distribution
Industrial Marine Electronic & Networking Distributor - 30+ Years

Business Listed By:

Chris Bruner
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