Slatten Enterprises

Slatten Enterprises

Rare Business Opportunity

Old Establish Electrical Supply Company

Priced at: $2.2 Million (some owner financing available)

double-click photo to enlarge

OVERVIEW:

This old and well establish electrical equipment supply company has been serving the area since the early 1990's. The owner says he is ready to retire and wants to go fishing. The company consists of three main buildings totaling over 32,000 sq. ft. sitting on a 4.07 acre tract. All buildings are in a good state of repair with utilities installed including 3 phase power.

CUSTOMERS:

Slatten's diverse customer base is comprised of facilities maintenance professionals from businesses and institutions of all sizes.

* Government customers include government offices, schools and correctional institutions on the state and local level.

* Heavy manufacturing customers are usually involved in textile, lumber, metals and rubber industries.

* Light manufacturing includes food, pharmaceutical, and electronic customers.

* Retail customers include grocery stores, restaurants, and local gas stations.

* Contractor customers include contracting firms involved in maintaining and repairing existing facilities.

* Reseller customers offer Slatten products to customers in different markets.

* Commercial customers include hospitals, hotels, and theaters.

FINANCIALS:

Owners will supply past 3 years financial statements to qualified and responsible parties who are interested in purchase of company.

Owner will consider financing a large portion of purchase to qualified and responsible buyer.

OTHER:

Current owner knows the business inside out and is willing to stay in a part time capacity until new owners are well versed in all aspects of this operation. In addition the current staff will stay in place, if needed. Business is located within 1/2 mile of Hwy. 111 which is a 4 lane road running directly to I-40 at Cookeville, Tennessee and since 30-40% of sales are to out of state, this road connection is a great asset.

Additional Photos (double-click to enlarge)