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Financing: $450,000.00 Down and Reason for Selling:Owner looking to retire 1-2 years. 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.
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. |
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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. |
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1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com |
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