This company offers a full-line of electronics supply for cable and pay TV and off-air TV industries. The business sells cables, connectors, antennas, batteries, installation tools. 100% B2B repeat customer base. The business does not sell to consumers at all. The retention rate for customers is extremely high along with a high average invoice of $300-800. There are 308 current customers and approximately 60 customers purchase on a weekly basis with 100% of the customer base located in Ohio, which is evenly spread throughout the state. There are also a handful of customers located in nearby states.
There is no local direct competition. There are currently 1 full-time employee + the owner. COGS were 146.992.25 for 2016 with a Net income 40194.00. The sale includes approximately $15,000 in receivables, $30,000 in inventory, and a 1998 Ford Ranger delivery truck and White fork Lift. This means that the price of the business is only $65,000.
The owner is selling because he wants to focus on other business and focus on his farm. The owner is willing to assist with the transition for 3 months. A new owner should have a background in sales and customer service. This company is the perfect fit for anyone looking to become their own boss.
The business is located in a 1,200 space near Findlay, Ohio, however, the ideal location would be central Ohio. The business has been in operation for 30+ years and has a very strong track record of success. The business operates 8am – 4:30pm Monday-Friday.
All equipment up to date and in excellent working condition. No leased equipment, all equipment is owned and included in the price. Owner works less than a full work week. Business operates Monday-Friday only; no weekends. The business has an experienced steady growth for the last several years. Excellent books and records. Stable revenue. Revenue is steady throughout the year, little seasonality. Seller financing offered for qualified buyers. Long-term training and support included in price. No related experience required. Inventory included in price. No special license required to operate the business. Few employees needed to operate the business.
This is an established business. This is NOT a new franchise or start-up opportunity.
Asking Price $110,000
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