Oct 11, 2019 — This distributor of new and used electrical and motor control products has been in business for 20 years. Located in Kelowna, this retailer services all of British Columbia, with some sales in Alberta, Ontario and Quebec.
With a well-laid out retail location, this business services contractors, other wholesalers and public institutions. This location offers customer parking directly in front of the store.
Currently operating from Monday – Friday, 8:00am-4:30pm, this business offers regular business hours allowing for a new owner to enjoy work-life balance. The current owner is willing to offer a transition and training period.
There is opportunity for expansion by opening additional locations or expanding service offerings such as tool rentals.
With steady revenue increases over the last 3 years, annual sales are in the $600,000 range. The sale price is $215,000, plus applicable taxes. There is approximately $385,000 in inventory for purchase.
Interested buyers can contact broker.
After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available.
Once initial documents are returned specific details and financials of the business will be shared. Business owners or staff are not to be approached directly. To protect confidentiality, the attached picture is for marketing purposes only and not an actual depiction of the business for sale.
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