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Business for Sale Summary

Electric MFG & Tech Business for sale in NJ - 35537

Business Type: aviation,electronics & technology,equipment rental and sales ,misc. manufacturing/non-classifiable,misc. wholesale/distribution/non-classifiable,owner financing available,wholesale/dist businesses
Owner Financing
Electric MFG & Tech Business for sale in NJ
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Financial Information (non-confidential)

General Information
Asking Price $1,900,000 Down Payment $1,300,000
Gross Revenues $9,089,500 Lease Remaining Register Free to View
Owner’s Cash Flow $446,000 Number of FT Employees Register Free to View

Financing

$1,300,000 Down and $600K financed at 4% over 7 years to a qualified buyer.

Business Description

This company is an authorized, stocking distributor for two primary divisions, train and airfield transportation. The products associated with the infrastructure of these industries is of higher electrical capacities than usual residential and commercial electrical needs. The wholesale company is able to meet the specific needs of each industry while maintaining the ability to handle any size project. They are able to provide a quick response to the ever-changing construction climate and the associated needs of our customers. The knowledgeable and courteous staff offers over 75 years of combined professional experience in transportation, electrical and electronic technology manufacturing and business administration. Company takes pride in ensuring the customer receives the right product for application while overseeing and managing on-time deliveries. Certified DBE, WBE, & SBE company. The company primarily serves the air and train transportation industries. For more information, contact broker Lee Jani at (732) 233-8287.

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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.