Major Electronics Parts Distributor For Sale

Business description

This company is a major distributor of electronics parts and components for the military and OEM markets. They stock and maintain parts inventories for manufacturers inside their own plants. They are a broad line franchise distributor for most of the leading component manufacturers supplying parts used by Fortune 500 companies in the electronics manufacturing field. Their customers are located throughout the U.S., Canada, and Mexico. A subsidiary provides specialized sub-assembly manufacturing for various OEMs. They are also brokers of components..sourcing obsolete and long-lead items overseas, and marketing them in the U.S.

Property information

Real Estate:

Lease

Lease terms:

The N.Y. headquarters is 12,500 sq.ft. There are additional facilities in Texas, California, and Canada

Other information

Competition / Market:

The company has world-wide competition in this very large market

Support & training:

Three of the current owners who run the business wish to remain under contract.

Reasons for selling:

Some shareholders are retiring

Trading hours:

Mon-Fri: 8:30-5:30

Financing available:

Will consider for the right buyer

Furniture / Fixtures value:

$245,000 (included in the asking price)

Inventory / Stock value:

$4,300,000 (included in the asking price)