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Electrical Supply And Lighting Business For Sale

South Western Ontario, Ontario
Asking Price:
$945,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,100,000 (CAD)
Cash Flow:
$260,000 (CAD)

This 30+ year company is an independent electrical supply distributor that serves a wide range of industrial, commercial, residential, agricultural, contractors and consumers throughout its geographic market. Carrying thousands of items, the company has an extensive inventory of not only just about every basic electrical item & industrial component. ,They also display a full line of commercial and residential lighting for every room in your home or office space. While many electrical distributors exist in the market, this electrical supply company sets itself apart by offering quick response to customer’s needs, deep product knowledge from experienced and customer-focused sales reps, and a well-stocked inventory for immediate delivery. There are approximately 175+ active and satisfied commercial customers that provide monthly reoccurring sales. Customer orders are typically received via counter sales, phone or email. The company is also equipped to receive sales via the company’s, state-of-the-art custom e-commerce web site.

Property information

Real Estate:

Lease

Location:

Located on a busy road with great exposure this company operates out of 5000 sqft of total facility space. The operational facilities (warehouse, administrative and showroom) are expected to provide ample capacity to accommodate future growth. The lighting and electrical showroom totals 3000 sqft, and warehouse and storage totals approximately 2000 sqft. There is plenty of parking and convenient access for customers.

Business Operation

Expansion Potential:

The company has potential for tremendous growth opportunities including product line expansion, consumer lighting and new build construction, internet sales, expanding its local territory, and offering delivery services.

Competition / Market:

There are many electrical supply distributors in the marketplace; the company has developed a strong reputation for fair prices and a level of quality service that is unmatched. As an independent this distributer is able to be nimble and flexible with product mix to compete with the nationals on large project. Plus, they set themselves apart by being the source for hard-to-get and complex products by providing superior product knowledge and ingenuity when it comes to customer satisfaction.

Reasons for selling:

Retirement

Employees:
3
Years established:
30 Years

Other Information

Support & training:

Owner Willing to train during a transition period

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

seller financing available to qualified buyers

Furniture / Fixtures value:
$20,000 (CAD) - included in the asking price
Inventory / Stock value:
$300,000 (CAD) - included in the asking price

Contact Information

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