Buy a Low Voltage Electrical Cable & Network Distributor For Sale business for sale in Miami on BusinessesForSale.com

  • Advert ID: 664911
  • (Seller ref: 07-658)

Low Voltage Electrical Cable & Network Distributor For Sale


Location:
Category:

Listed by:

Asking price:
$500,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
$504,219
Net profit:
$224,998
Years established:
15
Employees:
2


An unusual opportunity to acquire a rather unique Wholesale Distributor in the Cable, Wire and Network Connections field

Key Points Include:.

• First established in 1993, now 15 years in continuous business

• Provides Low Voltage Connectivity Solutions for Telephone, Security and Computer and Audio/Video installations

• Market Segments include Hi-Rise Developments, Restaurants, Government Institutions and commercial buildings. As would be expected the company is extremely well established, well known and has a customer list of over 1500.

• Its uniqueness comes from its ability to not only provide the connectivity components but also to provide a complete setup, layout and installation solution for its customers. These include Value Added Resellers, Electrical/Cable Distributors, Wholesalers/Manufacturers, and Wiring Contractors.

• The company is probably the leading niche distributor in its field in the South Florida area, but its distribution range could be extended nationwide. Current client base already further extends into the Caribbean and Central America.

• Has developed its own brand of Cable, Wiring and Connection components and has achieved a world class reputation for the quality of its products and overall connectivity solutions.

• Profit margins on its products can be as much 100% (with potential to further improve depending on supply sources).

• A very nice website has been developed which also has the potential to further drive sales growth.

• 2008 Sales have continued to grow and are now ahead of 2007 by about 10% overall

This is a great opportunity to jump-start into the ever expanding Network and Cable Connectivity field with a ready made customer base and with considerable potential for expansion beyond its present South Florida base.


Real Estate:
Lease
Location:
1681 sq ft Office/Warehouse in upscale business park. Seller owns the unit and will provide attractive 5 + year lease with renewals. Location is within an expanding area with significant building activity

Expansion potential:
Absolutely NO Advertising or Promotion has been undertaken, now or since establishment. Inclusion in the Construction “Blue Book” alone would reap immediate benefits. Harvesting the customer database, all computerized, would see significant increase in sales, as would the addition of one or more sales reps. And an aggressive seeking of greater component supply to the Caribbean and Central America would yield very significant results. A change from passive order-taking to pro-active marketing & selling would enable the company to go to another level altogether
Competition / Market:
This company is perhaps unique in is ability to provide a total connectivity solution, including all components and layout for almost any job in the Phone, Security, and Computer field. Whilst there are a number of distributors for low voltage cables, most of these are in the “commodity” area. Few of these come close to the breadth of this company’s products, or being able to provide the same immediate supply and service to key customer or the complete installation package
Support & training:
Seller will provide complete training at no cost, the period/time for which to be agreed with buyer,. In addition it is envisaged that the seller will remain on site to provide on-going support as needed, again at no cost. Seller is very keen to train the right individual(s) in Network Connectivity.
Reasons for selling:
Selling Seller wishes to retire and move into teaching Low Voltage Connectivity
Trading hours:
8:00 - 4:30 pm
Financing available:
Seller will provide 50% financing at terms to be agreed
Furniture / Fixtures value:
$39,615 (included in the asking price)
Inventory / Stock value:
$70,000 (included in the asking price)
Related documents:

For more information about this business for sale, click the Contact Seller button.

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