Wire and Cable Distributor

Ref ID: 1102SOLD

Industry
Sold Listings

Financial Information

Asking Price: $ 1,790,000
Annual Receipts: $ 2,042,000
Cash Flow:
Sellers Discretionary Earnings		 $ 450,000
FF&E (Included): $ 113,000
Inventory (Included): $ 48,000
Real Estate Available: No
Value of Real Estate: Not Available

Business Summary
This offering is for two well established bulk wire, cable and associated product distribution and contract manufacturing companies servicing primarily OEM (original equipment manufacturers), System Integrators and Utilities. Each company has separate well established customer bases and the two companies would be merged into one entity. The company is poised for dramatic growth but to do so would require some capital injection. The owner of one of the companies would be willing to stay on under an employment agreement, at the request of a new owner, to assist or direct a growth plan. This would be an ideal acquisition for a private investor looking for a growth company, or an existing company looking for growth within the industry, or diversification with synergistic products. Financing would be available to a qualified buyer.

Facilities 3500 square foot office/warehouse split between bulk distribution and cable assembly, located in an industrial park in Gwinnett county.

General Information

Reason For Sale: To re-position professional career
Franchise: No
Homebased: No
Relocatable: Yes
Year Established: 1997
Year Acquired: 1997
Employees: 6ft, 3pt

For more information, please contact:
Sunbelt Atlanta
Ray Boreham, CBI
Phone: 770-936-9099
Fax: 770-936-0405
rboreham@sunbeltatlanta.com

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