SOLD! – Battery Wholesaler and Distributor – $1.5m

soldThis family owned business has been operational in the greater Vancouver area since 1978. The business operates as a wholesaler and distributor of a wide range of battery products. These include Automotive, Commercial, Marine, ,as well as related battery accessories such as cable charges and battery boxes. The company stocks Panasonic, Duracell, Energizer, together with other well known brands. The company also manufactures speciality battery packs and cordless drill battery packs. In addition they are leaders in the field with solar power and energy alternatives. They can assist you with grid-tie systems, emergency back-up, or off grid solutions. Customers include Crown Corporations, provincial and local authorities, with whom they have had long term relationships.

They service most industries including mining, health, auto, marine, and the movie industry. The price includes $650k Inventory, whilst the SDE is approx $500k per annum. They have been members of the Better Business Bureau for 30 years, as well as being BCAA approved. This company has a solid reputation for service and reliability.

Type of Sale: Asset

Reason for selling: Retirement

Selling Price: $1,500,000

Posted in All Posts, Articles, BC, Retail, Sold, Vancouver

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