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Well Est. Distributor Of Audio & Video Equipment For Sale

Vancouver, British Columbia, British Columbia, Canada
Asking Price:
$750,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,039,299 (CAD)
Cash Flow:
$68 (CAD)

This is a well-established and profitable wholesale distributor of audio, video, voice, data, and automation solutions.

Established in 2005, the company possesses strong recognition and an excellent reputation in the industry, which would leverage a new owner to achieve growth in other markets.

The transaction includes $75,000 in Net Working Capital. The average inventory (not included) has been about $580,000-$600,000.

Property Information

Real Estate:

Lease

Premises Details:

The business is located in a first-grade commercial building. It occupies a space of approximately 5,000 square feet between the office and warehouse.

The total monthly payment is approximately $6,500. The current lease expires at the end of August 2023. There would be no problem to renew.

Business Operation

Expansion Potential:

Clear growth potential exits through the penetration of new markets.

Reasons for selling:

The owner wants to retire.

Trading hours:

Monday-Friday 8am-4:30pm

Employees:
5 FT
Years established:
17

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$54,249 (CAD) - included in the asking price
Inventory / Stock value:
$740,296 (CAD)
Relocatable:
This business can be relocated.