Electronics Wholesaler
Listing ID#: 27
$575,000 | Long Island, Nassau County, New York, USA
Features
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Listing Type: Business for Sale
Industry:
Wholesale
Selling Price: $575,000
Seller Discretionary Cash Flow: $141,000
Terms: $250,000 down / $325,000 at 9% over 5 years
Years Established: 12
Description
This company is engaged in the wholesale distribution of electronic parts and accessories used in cinema theaters. It has a global market that is growing rapidly due to its strong presence on the internet. The recession of the last three years has largely overlooked this company, with sales increasing 11% in 2009, and on track to exceed that level in 2010. As of August 2010, the Company has a record backlog of orders of nearly $400,000, which has been increasing throughout the year. The owners regularly attend the Cinema Theater Industry shows in Las Vegas. The shows give one the opportunity to meet with the theater owners from around the world and to be part of the exciting movie industry. The connections made at the shows also open up the possibility for world wide travel for a Buyer of this business who wishes to enjoy the benefits of owning a global company. This company is relocatable and the current lease is month-to-month.
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