Affordable Price with $20,000 Inventory

Fremont, CA (Alameda County)

Seller Financing Available
Affordable Price with $20,000 Inventory

Asking Price:$115,000

Cash Flow:$42,320

Gross Revenue:$433,784

EBITDA:N/A

FF&E:N/A

Inventory:$20,000

Lease Rate:$0.70 /SF/Month

Established:2007

Affordable Price with $20,000 Inventory

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Business Description

The business is an electrical accessories distribution business. However, the customer base is spread among electrical contractors 40%; businesses 20% and home owners 40%. The company has a data base of around 1350 active customers, including hospitals, hotels, contractors and on line & walk-in retail customers. Inventory of $20,000 is included in the price. Sellers are retiring and ready to finance $45,000 with $70, 000 down to a qualified buyer. ( #8452)

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,200
Lease Expiration:
3/31/2018
Employees:
P.T. - 1
Facilities:
Store is fully equipped with office equipment & warehouse shelving & electric forklift etc.
Financing:
$45,000 (39%) with $70K down for a qualified buyer.
Support & Training:
Training: 2 Weeks, 30 Hours Per Week
Reason for Selling:
Retirement

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Michael Floorman

Business Listed By:
Michael Floorman

BTI Group Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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