Worldwide Electronics Parts Distributor
Worldwide Electronic Parts Distributor
Summit Business Brokers, Inc. is pleased to announce its representation for sale of a worldwide electronics components supplier. The price is $9,750,000, negotiable, for the assets, including inventory.
Founded over 40 years ago, the company and its subsidiaries distribute and manufacture a wide range of high quality electronic components which include high power semiconductors, relays, switches, terminals. Its inventory is composed of custom manufactured parts for its proprietary brands as well as well known branded parts from a variety of manufacturers. The company sells to well over 600 distributors and over 2,000 OEM end users in addition to aftermarket and retail customers world-wide. The parts are used in NASA space projects, automobiles, hospital and medical applications and virtually every type of consumer item. Gross revenues for the most recent year were approximately $19 million, and the company has been consistently profitable.
The inventory is valued at a cost of approximately $9.8. Approximately 135 employees, most of long tenure, provide the necessary sales, inventory, testing, shipping and management functions.
The company occupies a 75,000 sq. ft. building well located in a large north-eastern metropolitan area and it is within walking distance of a commuter rail station and close to several interstate highways. This central location allows the company to fill and ship orders within 24 hours and “Just in Time” delivery schedules. The building is owned by a related entity, and it is available for either sale or a long term lease. Marketing is done through trade magazine advertising, extensive catalogues, well designed and highly trafficked web pages, an in-house sales staff, and dedicated sales representatives. An integrated web based marketing system will be operational soon. Quality is ensured by working closely with customers to design and test components to fit specific needs.
This is an excellent business opportunity; particularly for a firm already in the electronic parts business which wants to expand its product lines, customer base and geographical footprint. It also may be appropriate for a well capitalized entrepreneur wanting to gain entry into this attractive and expanding market. Additional value could be created by enhancing the current marketing efforts and broadening the product line. The founder and owner wishes to retire and is willing to provide necessary transitional consulting.
Inquiries from only financially capable buyers are welcome. Proof of funds and demonstration of serious intent will be required before detailed information is released. Please contact the exclusive broker.