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Business for Sale

Lucrative Spare Parts Business for Sale in NY
Suffolk County, NY

Listing #35087

   
Financial Information (non-confidential)
Asking Price $1,500,000.00 Gross Revenues $1,500,000.00
Down Payment $1,500,000.00 Owner’s Cash Flow $700,000.00

Financing: $1,500,000.00 Down and

Reason for Selling:Retiring

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. To learn more about this listing, please contact the broker, Marie Goldstein at 877-735-5224.

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.
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
Servicing Area:
All of NY
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Marie Goldstein

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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