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Business for Sale Summary

Lucrative Spare Parts Business for Sale in NY - 35087

Business Type: equipment rental and sales ,gift and specialty retail,internet business services (b2b),internet businesses,internet consumer services (b2c),marine repair parts & services,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,owner financing available,wholesale/dist businesses,automotive dealers/ auto retail
Lucrative Spare Parts Business for Sale in NY
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Financial Information (non-confidential)

General Information
Asking Price $1,500,000 Down Payment $1,500,000
Gross Revenues $1,500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $700,000 Number of FT Employees Register Free to View

Financing

$1,500,000 Down and

Business Description

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.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.