A.ELECTRIC SUPPLY

  • Listing# : 1522
  • Listed Price : $390,000
  • Total Sales : $1,665,900
  • SIC : 5065
  • Down Payment : $390,000
  • Status : Closed
  • Discretionary Earnings : $312,070

Business Type :

Distribution / Dist-Electronics

Business Description :

FAST GROWING ELECTRIC SUPPLY BUSINESS.SELLS NEW,RECONDITIONED & USED MATERIAL TO RETAIL & WHOLESALE CUSTOMERS INCLUDING ELECTRICAL CONTRACTORS,SUPPLY HOUSES & COMMERCIAL ACCOUNTS. SELLER OWNS REAL ESTATE WHICH CAN BE LEASED OR PURCHASED. OTHER IN INCOME IS RENT AT $4000/MO. BUSINESS IS DIVISION OF AN ELEC.CONT. FINANCIALS ARE INTERNAL BREAK OUT FROM PARENT CORP. FIRST COLUMN IS ANNUALIZED FROM 6 MO.INTERNAL P&L. 2ND.COLUMN IS FOR 6 MONTHS. OWNER SALARY IS MANAGER'S SALARY WHO WILL BE LEAVING BUSINESS.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl : No
    • Real Estate $0
    • Incl : No
    • Inventory $215,000
    • Incl : Yes
    • Liabilities $0
    • Incl : No
    • FF&E $45,500
    • Incl : Yes
    • Other: $0
    • Incl : No
    • Leasehold $0
    • Incl : No
    • Total Assets $260,500
    • Incl : Yes

Lender Prequalified: No

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