This is a very nice electrical wholesale distribution company with 10 years of operating history, a stable established client base and a manager with over 30 years of industry experience who is excited about working with a new owner who would like to grow this business.
The owner will lease the facility (with a right of first refusal) at below market rates. $1,500/mo. for 5,400 sq/ft of wharehouse and office space. The business needs an owner who is familiar with accounting and inventory controls.
The business currently does not have an outside salesman. Anyone who pro-actively attends to the "sales" department will instantly increase the value of this business.
Purchasing this business at this price should offer the new owner a competitive salary in addition to a healthy ROI for your down-payment.