Miami based company with procurement operation in Italy specializing in supply chain of electronic components to Original Equipment Manufacturers (OEM) and Contract Manufacturers (CM). Suppliers consist of the largest firms from around the world. Well positioned for growth with 20 year relationship with a Canadian Distributor, several Italian OEM and US based Distributors. Opportunity for Independent Distributor to enter into the lead time business by acquiring major customer base. Seller would consider JV.
600 square foot Regus office in Miami Florida, Regus office in Rome (Italy) and warehouse in Italy.
Extensive network of supplier’s from around the world has led to world class pricing of electronic components and purchasing power that has been increasing margins.
20 years of trust and relationship building with worldwide distributors. Customers have short payment terms - 10 day cycle on average.
Seller is relocating to work on other projects.
The seller shall provide 120 days of support for the orderly transfer of the business.