This is a great opportunity to purchase a profitable growing business in a growing industry at a great price. This operation is the perfect opportunity for any interested buyer to make their way into the Wholesale Electronics and Surveillance Equipment industry. This is a proven business model already established and needs the right business owner with sales and marketing background to take this company to the next level. Located in the OKC metro area this business supports clients in most areas of the country. They have developed an excellent reputation as a leading supplier of equipment, service and supplies in their market segment. The company’s mix of products and supplies allow them to support a wide range of clients from the four person office to large corporate clients. The company enjoyed over 1.3 million in gross revenue sales in 2016 in the Surveillance Camera and Electronics industry. The facility has 2400 square feet of store, office, and warehouse space. This is a 5-Day a Week Business providing great quality of life. The business has been doing business in the community for over 10 years. There is plenty of repeat business and enjoys a long list of loyal and satisfied clients. The owner is looking to retire and wants to sell to a dynamic new owner who can take what he has built to the next level. The current owner will stay on to teach and train the new owner. The business is a rare opportunity and is easily relocatable. There is no need to work nights or weekends with this established profitable 10 year old company. The company specializes in equipment sales and provides service on the solutions they sell, and provides supplies to a niche market. It is being sold because the owner has other business interest and health issues. The sale price includes all inventories on hand, all Furniture Fixtures and Equipment and no liabilities through the day of closing. The inventory is valued at over $300k at cost. This could be a high profit business for the right person. This is a confidential listing. All inquiries will be expected to complete a nondisclosure agreement, buyer profile and provide a qualification letter from a lender or proof of funds if cash purchase.
The company is headquartered in the OKC metro area and operates from a 2400 square feet mixed warehouse office facility in a growing area. The business has a 5 year lease with options to renew. The sale includes all FF&E, website, domain, inventory, computers, office furnishings, storage, etc. This is an asset sale and no liabilities will be conveyed to the new owner.
The retiring owner is willing to stay on for a reasonable period of time to facilitate a smooth transition. The day to day operations prevented him from doing outside sales while running the business. That leaves tremendous opportunities to expand into new markets. The Business has an advanced customer database with a large number of customers in the area ready for a new owner to leverage and execute marketing strategies. The business has capabilities of increasing revenue by over 50% or more.
The competition is extremely limited due to the nature of the business and the niche market it serves.
Owner has other business interests and is dealing with some health issues.
Will train for 2 weeks @ no cost. There are no licensing requirements to own this business. Knowledge of electronics and electronic installation would be beneficial. It is anticipated that the trained production staff will remain after the transfer. The retiring owner will provide support, as needed, for two weeks at no charge. Additional support is negotiable. Additional time can be negotiated if needed to insure a smooth transition. Current management will stay on for a two week period for training and transition as part of the selling price.