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Financing: $1,500,000.00 Down and Reason for Selling:Retiring Distributor of spare parts for a range of industries including aerospace, automotive, industrial, marine/RV, medical, mobile cranes, railway/subway, telecommunications, and transportation.
The company holds over 1 million line items, consisting of factory new, surplus, and consignment excess inventory from various sources.
The owner employs a proprietary order system with excellent records and maintains $400,000 in inventory.
Many items are resold for over 1000% profit. The owner anticipates revenue could double in the next few years. This business is not bank financeable.
Prospective buyers must provide proof of liquid funds totaling $1,500,000, the required downpayment, to speak with the seller.
For inquiries, contact the listing broker Brian Bernstein at 929-969-0007.
In addition, please register with the listing number above by going to vestedbb.com, enter this number into the search bar, expand the listing, click on “view free financials”, fill out the short contact form and you are registered. This is our electronic non-disclosure agreement. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. |
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |