Electrical Component Business for Sale in Bangalore, India

- The company is a distributor specializing in electrical products for power distribution, with a focus on serving the Energy industry.

- We serve almost 400+ active clients currently out of which 60% are repeat clientele.

- The company holds distributorship for prestigious brands such as Legrand, ABB, Socomec, and Electron, and serves a wide range of sectors including builders, industry, panel builders, infrastructure, and Government.

- The company has a strong track record of customer trust and satisfaction, with over 90% of clientele being B2B, and has been recognized with multiple awards including the Legrand Stockists of the Year for 1993-94, 1994-95, 2001, 2010, 2019, and 2020.

- The company has also been honored with the ABB Award of Excellence Zone South for 2 consecutive years, along with the HPL Sales Excellence Award, demonstrating the company's commitment to excellence and customer service.

- Our skilled 30-member team consists of managers, technical and non-technical staff, administration staff, and employees in the billing, warehouse, and logistics departments.

We are distributors of the most trusted brands in the industry like Legrand, ABB, Socomec & Electron.

Out of these Legrand brings in most of our revenue.

The products are mainly used for electrical distribution by Builders, Industry, Panel Builders, Infrastructure & Government.

Tangible assets include 4 delivery vehicles, 1 personal car, shelves & racks for storage & furniture & fixtures.

We consider our 4+ decade brand that stands for ethics, innovativeness & customer centricity as our intangible asset.

The total built-up area is 10,000 Sq ft spanning across the basement with 1,800 Sq ft, ground floor with 3,200 Sq ft & first floor with 5,000 Sq ft.

We have a long-term rental agreement for all the mentioned areas.

Business is funded by partners and bank borrowings.

The Founder has 70% equity and wants to liquidate their holding.

The Partner has 30% equity and is open to continuing or cash out.