Import and Wholesale of Electronic, Electric, Hand and Power tools - UNDER CONTRACT
Location: Virginia
ID: (#200939)
Overview
The company imports a large assortment of products including electronic devices, hand tools, power tools, test equipment, hydraulic tools, and more. The products are sold in the US and Canada to wholesale clients.
The company was minimally impacted during the pandemic, strategic changes in 2022 resulted in significant increase in its net profit margin.
2023 Jan - Nov Seller's Discretionary Earning: $ 624,000
Expected YE SDE $ 680,000.
Large inventory in stock, not included in the Asking Price, will be sold separately at cost to the buyer of the business.
Details
Reason for Selling:
Established:
Employees:
Furniture, Fixtures, and Equipment (FF&E):
Office furniture, IT equipment as well as warehouse shelving. All included in the asking price.
Facilities:
Real Estate is leased and optional for sale, not included in the asking price.
Inventory:
Extensive inventory in stock. Not included in the asking price. Will be sold separately to the buyer of the business.
Competition:
Established customer base.
Opportunities for Growth:
Expanding the network of sales reps.
Support and Training
Seller will provide training and transition support as required and subject to negotiation.
Broker Contact Information
- Regina Fisher
- North Carolina - Wilmington
- (910) 520-0737 Mobile
- (910) 520-0737 Office
- (910) 623 9033 Fax
- regina@bristol.group
-
Appointment Only:
- NC #282486
- North Carolina - Wilmington
- By Appointment Only
- 1314 Culbreth Dr
- Wilmington, North Carolina 28405
- Real Estate Broker: NC #282486