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Wholesale/Distribution-Electronic Components

Business Type Wholesale/Distribution-Electronic Components
Annual Revenue $3,457,000
Discretionary Earnings $596,000
Asking Price $2,100,000
Ref ID# CA471024
Seller Financing N/A
FFE $40,000
Inventory $227,000
Location Southern California
Year Established 2001
Description Wholesaler of Electronic Components, Computer Hard Drives and Peripherals. Their customers are OEMs and other distributors; major companies who manufacture cell phones, computers, medical, aerospace, i.e. companies who manufacture products with electronic components and hard drives. They have over 200 customers and have achieved an 11.5% sales increase in 2008 over 2007 through the addition of new major OEMs and account development. Their gross profit margins have increased to 45% in 2008. They achieved ISO 9001:2000 certification. thy are on major customers Preferred Buyer Lists/Approved Vendor Lists. This is a business where you don't buy inventory before you sell it, which substantially reduces cash flow requirements. Owner says you do NOT need a background in computers. All parts are sourced by P/Ns. They have in-house buyers and sales reps. Their purchasing, sales orders and quotes are automated.

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