With its long operating history, the Company serves as a distributor of electrical and industrial supplies. The Company was established decades ago and represents over fifteen industry-leading manufacturers. The quality of the Company’s product lines and emphasis on providing exceptional service allows them to cultivate strong relationships with their customers.
The Company’s product lines are primarily manufactured in Europe and the United States and consist of circuit breakers and protection, connectors, contactors and starters, industrial controls, relays, sensors, solenoids, switches, terminals, timers, transformers, valve controllers, and a variety of other electrical and industrial supplies.
In 2022, the Company yielded over $1.64M in revenue with Adj. EBITDA of $197,000. The Company forecast this year $1.7M in revenue with $209,000 Adj. EBITDA for 2023.
- Asking Price:
- $1M - $5M
- Sales Revenue:
- $1M - $5M
- Cash Flow:
- $100K - $250K
Property Information
- Real Estate:
-
Lease
- Location:
-
Midwestern United States
- Premises Details:
-
The Company operates in a 2,000 sq subleased office space with 5,000 sq warehouse. Operations do not require office or warehouse space.
Business Operation
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday through Friday, 8:30 AM to 3:30 PM CST
- Employees:
- 3
- Years established:
- 1957
Other Information
- Support & training:
-
Seller will be willing to train the buyer for ninety days, up to six months, at a total cost of to be discussed. Given an individual with reasonable skills and little direct knowledge of this business, it would take about two months to learn enough about the business to manage it properly.
If you were to start a business of this type, considering start-up costs, and capital investment, it would take about 48 months to show a profit after deducting a reasonable salary for yourself or a manager.
Skills or licenses required to operate business:
Good interpersonal skills and salesmanship for the wholesale electrical distribution industry is useful. While engineering knowledge is helpful, the manufacturer can be utilized for product information. There are no professional licenses needed to operate the business. An introduction to manufacturers will be in place by the current owner.
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
