Listing Number: 24876-729251
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).
- 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