Financing: $750,000.00 Down and
Reason for Selling:Selling due to age of 80 Years of age.
Established for 42 years runs completely absentee
Current owner runs this business totally absentee in fact, the seller lives in Florida and the business is in New York.
The way he runs the business now, he receives a FedEx weekly, reviews the bills and orders, signs the checks and sends the FedEx back to New York. It takes the seller about two hours per week to complete.
He speaks to the sales team maybe once a month. The seller travels to his place of business maybe, two times a year just to show his face. He had started the business 42 years ago with a partner who had died a few years back.
The seller is now 80 years and is looking to retire and he is currently looking for a young entrepreneur to take over the business. He is looking for somebody who has these skills:
Sales, Marketing, Management, Organization Skills, Willingness to learn
The product the business sells are engineering maintenance products to building owners and operators as well as a custom line of products for the Aviation Industry, along with their Fortune 1000 Clients.
They have a line of specialty products that are custom branded under their established brand. The great part about this business is that the business outsources all of their manufacturing needs and is truly a sales machine.
The business currently has zero debt and has many bank lines which truly show its health in this market. The seller believes it will take a few months to learn all the aspects to run this business and is willing to train.
So if you want to buy and established business with established branded products that could grow under your management, don't hesitate, don't delay, because this one is not going to be here.
Call the listing broker today at 877-735-5224 and ask for Jason and reference listing #27290.
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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.