National Telecommunications Equipment Distributor - 8225

Financing

$500,000 Down and $250,000 over 5 years @ 8.5%

Business Description

National telecommunications equipment distributor. Since 1976, this company has specialized in the distribution of new and reconditioned telecommunications equipment (including Phones, PC Boards and Key Service Units) to interconnect companies throughout the US, as well as direct sales to larger end users such as hospitals, hotels and universities. They also handle equipment repair. The entire operation is based out of a 6,000 sq. ft. (1,600 sq. ft. Office Space & 4,400 sq. ft. Warehouse) headquarters in Suffolk County, NY. The business has a national customer base of over 2,000 active customers and they pick up at least 6 to 10 new customers every month with limited advertising. Most business is repeat business based on their 31 year reputation. In 2006, this company grossed $1,652,347.00 with a cash flow of approx. $246,821.00. Most sales are paid with checks or credit cards which creates a verifiable sales history. The business currently has no sales staff. They have been thriving without one, but the addition of a sales staff could grow this business exponentially. A new owner could add complementary lines of telecommunications equipment, security systems, etc,. There are also lucrative markets in Canada, Puerto Rico, and further abroad that have been untapped. The business could be relocated anywhere. All sales orders are shipped via UPS or Fedex. This is a truly scalable business with strong goodwill and track record in the industry. They are looking for a serious operator with a strong business background and the financial ability to purchase this business at $750,000 with $500,000 down and $250,000 over 5 years at 8.5%. If you meet this criteria, call today to learn more.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.