Electrical Parts, cables & Lighting Distributor in Maine
Price: $500,000
Location: Aroostook County
Industry: Building and Construction
Listing ID: CM1/27/23
This well-established electrical supply distributor was founded in 1972 and has been serving the electrical community since that time.
The company carries a very wide variety of products from some of the best-known manufacturers in the industry, so customers seldom need to look elsewhere. They offer rapid delivery to job sites, making them an attractive choice for customers.
The current owner is second generation and has been running the business since the 1980s.
Their customer mix includes both residential and commercial accounts. There is virtually no competition in the area.
The company currently has no online presence and offers no online sales – both represent an opportunity for expansion.
Listing Details
Gross Revenue: $1,200,000
Cash Flow: $175,000
FFE: $50,000 (Included in Price)
Inventory: $500,000
Reason For Sale:
Retirement
Training & Support:
Seller will assist.
Operation
Year Established: 1972
Year of Last Acquisition: 1972
Days & Hours of Operation: Monday-Friday 7am-5pm
Owner Hours Per Week: 45
Employees: 2
Location
Square Footage: 10000
Relocatable?: Yes
Summary
Competition:
None in area
Potential Growth:
Adding website with ordering capability