Electronics Equipment Outlet
Consistently profitable company that sells open-box and refurbished TVs and other electronics at great prices. The business maintains three sales channels: (1) e-commerce, (2) retail, and (3) wholesale. In 2024, approximately 70% of revenue was derived from e-commerce.
The company enjoys relationships with the nation's largest liquidators to source its inventory. It will typically sell similar products at a 25% discount from the original retail price.
The business has five employees including the owner who is full-time. Although the seller will assist a new owner as needed, he wishes to focus on other activities.
Selling discount products is a countercyclical business. The business has grown during great economic times but is poised to grow faster if a slowdown in the economy occurs.
Other business interests
The seller will ensure full training and complete transition support.
The seller owns the facilities in which the business operates. The seller does not want sell the real estate but will extend a lease.
Competition exists with other online retailers, large retail stores, pawn shops, and Facebook marketplace sellers.
• Focus energy in purchasing a higher volume of computer monitors
• Increase storefront revenue by being open on Saturdays
• Improve the speed of testing and quality control
• Look at pricing with a lower margin on some strategic items
