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Financing: $300,000.00 Down and None. Reason for Selling:Divesting. Niche Auto Parts Manufacturer and Distributor. This company was started from scratch by the current owner 18 years ago. They operate out of a 5,000 sq. ft. facility on Long Island.
In the past year they had gross sales of approx. $800,000.00 with a Net Income of approx. $250,000.00. THE ASKING PRICE INCLUDES $250K IN NET INCOME,
AND APPROX. $150K IN CUSTOM EQUIPMENT! 70% of sales are domestic with 30% to central America and Canada.
There has been a strong sales demand outside of the US. The current owner is selling off the manufacturing and distribution portions of the business. We are seeking a serious and financially qualified buyer with at least $300K in liquid funds to cover the asking price. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE MADE BY APPOINTMENT ONLY..
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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 |