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Business for Sale Summary

Power Tool Repair Sales Business - 10150

Business Type: construction businesses,special trades,misc. construction/non-classifiable,equipment rental and sales ,retailing businesses,misc. retail/non-classifiable,service businesses,repair services
Power Tool Repair   Sales Business
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Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $450,000
Gross Revenues $619,124 Lease Remaining Register Free to View
Owner’s Cash Flow $106,806 Number of FT Employees Register Free to View

Financing

$450,000 Down and

Business Description

A market leader in power tool repair and sales serving the Greater Long Island area for over four decades. Recurring business of hundreds of long-term customers, and has become a trusted business partner of the largest power tool manufacturers, being only one of a select few authorized service center for the top tool manufacturers. Its customer base is comprised of trade contractors and other professional consumers of power tools and related industrial tools, equipment, accessories and technology. Maintains a fully equipped and stocked retail showroom. Retail sales account for approximately 65% of Company revenue and 40% of operating margins. Tool repair and refurbishment account for 35% of gross revenues and 60% of operating margins.

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.