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Industrial Marine Electronic & Networking Distributor - 30+ Years

Mobile County, AL

Industrial Marine Electronic & Networking Distributor - 30+ Years
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Asking Price: $350,000

Cash Flow: $99,821

Gross Revenue: $1,908,220

EBITDA: N/A

FF&E: $40,000

Inventory: $220,790

Rent: $5,000 /Month

Established: 1988

Industrial Marine Electronic & Networking Distributor - 30+ Years

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Business Description

Own this Local Community Household Name!

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.

Detailed Information

Location:
Mobile County, AL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
6,400
Lease Expiration:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Growth & Expansion:
Penetration into new markets that would compliment already existing products offered. Focus more on expanding sales distribution instead of primary focus on Military contracts.
Support & Training:
4 weeks
Reason for Selling:
other interests
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Contact the Seller

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Bill Kleinschrodt, CPA, CVA, CFC

Business Listed By:
Bill Kleinschrodt, CPA, CVA, CFC

Transworld Business Advisors of Mobile

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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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