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Just in: Possible rent reduction could add $12K to net

Morgan Hill, California (Santa Clara County)

Wholesale/Dist. - Durable Goods

$Seller Financing Available

Asking Price $275,000 Inventory $256,000* 
Gross Income $462,000 Real Estate  
Cash Flow $45,000 Year Established 1990
FF&E N/A Employees 2

* included in the asking price

** not included in the asking price

An opportunity to acquire an established company that was founded in 1990 as an industrial distributor specializing in Fuses and Terminal Blocks. Over the years the company has widened its product offering to better serve its customer base. The company is headquartered in Morgan Hill just south of Silicon Valley, California. The company has recurring revenue from an established customer base and is scalable. By placing a strong emphasis on quality and customer satisfaction programs the company has built a diverse customer base with the largest customer accounting for just over 14% of sales. The business is located in a 3,600 square foot suite with the lease due to expire in February 2011. Should an existing distributor acquire the company there are is a substantial opportunity to eliminate cost through consolidation of operations and economies of scale. Just in: Landlord has indicated that a rent reduction of $1K per month is possible for the right buyer. This represents a potential SDE of $57K.

Facilities: Business is located in a 3,000 square foot space that is in excellent condition. Just in: Landlord has indicated that a rent reduction by $1K per month is possible for the right buyer. This represents a potential SDE of $57K.

Seller Financing Available: Yes

Support/Training: 4 weeks @ 30 hours per week - owner would consider a full time employment offer.

Reason Selling: Retirement

Business For Sale By

Michael Floorman

408-385-0412

BTI Group Inc.

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Contact the seller about this Just in: Possible rent reduction could add $12K to net

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