This is a unique opportunity to purchase a landmark Electric and Lighting Retail business! Operating since 1996, this business specializes in supplying electrical replacement parts for residential, commercial, and industrial facilities. They offer a vast inventory of parts for obsolete electrical distribution systems. As manufacturers change or go out of business, many users need parts only available in the aftermarket. The company has also developed a strong market in LED lighting, representing leading manufacturers and stocking indoor and outdoor LED products. They distribute to electrical and HVAC contractors, as well as maintenance and repair companies. The business is sold fully staffed and equipped, ready for a new investor to take over. It currently nets $214,273 annually.
Delray Beach, FL, 33444
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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