| Asking Price |
$2,500,000 | Inventory |
$1,000,000* |
|---|---|---|---|
| Gross Income |
$1,500,000 | Real Estate |
$150,000* |
| Cash Flow |
$320,000 | Year Established | 1994 |
| FF&E |
$100,000* | Employees | 6 |
* included in the asking price
** not included in the asking price
This old and well establish electrical equipment supply company has been serving the area since the early 1990's. The owner says he is ready to retire and wants to go fishing. The company consists of three main buildings totaling over 32,000 sq. ft. sitting on a 4.07 acre tract. All buildings are in a good state of repair with utilities installed including 3 phase power. Current owner knows the business inside out and is willing to stay in a part time capacity until new owners are well versed in all aspects of this operation. In addition the current staff will stay in place, if needed. Business is located within 1/2 mile of Hwy. 111 which is a 4 lane road running directly to I-40 at Cookeville, Tennessee and since 30-40% of sales are to out of state, this road connection is a great asset. Owners can supply past 3 years financial statements to qualified and responsible parties who are interested in purchase of company. Owner will consider financing a large portion of purchase to qualified and responsible buyer. Company is available for viewing Monday through Saturday from 9 am to 5 pm central time and by appointment only.
Facilities: Three buildings with more than 32,000 sq. ft. of floor space. All buildings are in good state of repair. Commercial strength shelving and racks installed in all buildings. Concrete drives between buildings. Large parking area doubles as staging area for large loads or overflow of materials in transit.
Competition: Company's diverse customer base is comprised of facilities maintenance professionals from businesses and institutions of all sizes in the area. Many businesses and companies are located within a 50 mile radius. There is little to no competition to this unique supply business. Any company that uses electricity and has moving parts (i.e. heat & air, lighting systems, conveyor belts, production lines, etc) is a potential customer for the products this company carries.
Growth/Expansion: This business has been built on word of mouth only. The potential to expand is almost unlimited since these items are in demand in all parts of the country. A professionally done marketing campaign could generate a quick and sustained growth period in the years to come.
Financing: 15% down - owner will finance balance to qualified buyer
Support/Training: Current owner is willing to train, assist, and oversee new owner as long as needed. Current owner will also work as need on a part time basis (nominal fee) in a supervising role.
Reason Selling: Retirement of current owner

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