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
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $2,650,000 | 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 balance due over 3 years @ 8%
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.
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.
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.
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