Electric Supply Store with Optional Real Estate

MI

Seller Financing Available
Electric Supply Store with Optional Real Estate
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Asking Price: Get Financing: $399,000

Cash Flow: N/A

Gross Revenue: $450,000

EBITDA: N/A

FF&E: N/A

Inventory: $399,000

Real Estate: $450,000*

Established: 1982

*not included in asking price.

Electric Supply Store with Optional Real Estate

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Business Description

This is an opportunity to acquire a long established electrical supply store that has been around for over 35 years. The business currently runs without the presence of the owner, but knowledgeable and dedicated staff is able to service contractors and electricians as well as homeowners and local businesses offering thousands of electrical supplies and products in stock. Website is set up with on-line shopping card allowing to sell products nationwide.

The business is currently priced at inventory value. The real estate is available for purchase and priced separately at $450K, subject to bank appraisal. The owner is ultimately interested to sell the business with all furniture, fixtures equipment and inventory along with Real Estate.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
14,000
Employees:
3
Facilities:
The store is located on the busy road with great exposure and includes two parcels totalling over 14,000 sq ft store and warehouse space. Real estate is available for sale and priced at $450K, subject to bank appraisal.
Competition:
The business has been long established in the community with great reputation for knowledge and quality customer service.
Growth & Expansion:
A new active owner with renewed focus and energy can quickly boost performance updating and optimizing the website and implementing a solid marketing strategy.
Financing:
Negotiable to a qualified buyer
Support & Training:
The owner will provide adequate training to insure smooth transition.
Reason for Selling:
Current owner is not in a position to run the business.
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Contact the Seller

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Tanya Popov

Business Listed By:
Tanya Popov

INIX Business Brokers

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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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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