Importer & Value Added Distributor Of Batteries
Location United States
Asking Price Range $2.5M - $5.0M
Gross Revenues $2968066
Net Profit / Cash Flow $721438
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 10 - 19
Inventory 262471
Relocatable Yes
Number of Employees 10 - 19
Real Estate Leased
Training As needed to insure transition.
Reason for Sale Retirement.
Description This company purchases rechargeable industrial, commercial, and consumer batteries from major overseas manufacturers and distributes them to a broad customer base throughout the United States. Value added capabilities include pack design and assembly, packaging, bar coding, wire harness fabrication, spot welding, testing, and quality control. The company also manages a warehousing and order fulfillment operation.
Historically, the company's focus has been primarily on rechargeable battery technologies. The company serves a variety of end users, but has particular strength in the power-sports, medical, and telecom industries, and has built up a loyal client base across all of its business sectors. Supplier relationships are well established, and the company provides excellent logistic and promotional support for its overseas manufacturers.
Worldwide primary and secondary demand is projected to rise at a nearly 7% annual pace through 2010 to $73.6 billion, according to a study published by the Freedonia Group (Cleveland, Ohio), an industry market research firm. Volume is being driven by modern society's appetite for technology and the proliferation of industrial, commercial and consumer products fueled by the portable power of batteries. Globalization is also an established fact in the rechargeable battery industry, and superior products from East Asian manufacturers have long held a prominent position in the American market.
This company is ideally positioned for continued growth. Already in line with major Asian suppliers, it has the logistics experience and track record to support more clients with this capability. Among its customers, strong relations with end-users in the medical and telecom industries are a springboard for deeper penetration into these markets. Contact for more information on this Battery business for sale.
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