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Listed by:

Transworld Business Advisors

Industrial Parts Distributor Prime Real Estate Included For Sale

Cuyahoga County, Ohio, US
Asking Price:
$3,195,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$754,663
Cash Flow:
$620,550

"Unlock Unmatched Industrial Parts Excellence: Discover Rare Components, Extraordinary Profits, and Prime Real Estate – Your Path to Success Starts Here!"

Premier Cleveland-based company specializing in the sale of new and used industrial parts. With an extensive and diverse inventory valued at over $7 million, this business is a one-stop destination for both manufactured discontinued parts and rare components that can't be sourced anywhere else.

Core strength lies in the unique approach to sales, primarily conducted through online auctions and e-delivery channels. This inexpensive and innovative method allows the business to seamlessly connect with clients worldwide, ensuring efficient transactions and timely deliveries.

With a consistent track record of success, top-line average sales have averaged over $600,000 annually, a testament to the demand for the specialized offerings. Looking ahead, growth in 2023 top-line sales is over $750,000

One of the unique advantages with this business is the exceptional gross profit margin, which has averaged an impressive 93.2% over the past three years. This level of profitability highlights the expertise in sourcing, pricing, and delivering industrial parts to valued clients. In terms of bottom line - discretionary earnings averaged $421,771 annually over the past three years, reflecting the strong financial foundation and potential for future prosperity.

Property Information

Real Estate:

Real Property Included

Business Operation

Expansion Potential:

As part of this extraordinary opportunity, the sale includes an expansive 18,000-square-foot commercial warehouse strategically located near a harbor, convenient local rail access, and critical connection points to major local and interstate highways. This prime real estate increases the total value of this business, enhances operational efficiency and offers potential avenues for growth and diversification.

Competition / Market:

In the competitive landscape of industrial parts sales, this business stands out as a formidable contender, boasting distinct strengths that set it apart within the industry. Amidst a field of competitors, the company's exceptional attributes position it as the preferred choice for clients seeking specialized industrial parts:

Extensive and Diverse Inventory: business boasts an unparalleled inventory known for its vastness and diversity. The company offers a comprehensive range of new and used industrial parts, including manufactured discontinued components and rare elements that are virtually unattainable elsewhere. This expansive selection provides a competitive edge in addressing a wide spectrum of client requirements.

Online Auctions and E-Delivery Channels: Setting itself apart from traditional models, the business adopts a cutting-edge approach to sales, emphasizing online auctions and e-delivery channels. This innovative strategy facilitates seamless global connectivity, offering clients a convenient, efficient, and accessible means of procuring industrial parts.

Proven Sales Performance: the business's consistent three-year average top-line sales surpassing $600,000 signifies a compelling market presence and an ability to meet evolving demands effectively. With a projected 2023 top-line sales figure to exceed $750,000, the company's commitment to sustained expansion and success is evident.

Impressive Gross Profit Margin: An exceptional average gross profit margin of 93.2% over the past three years showcases the company's prowess in pricing strategy, sourcing, and the proficient delivery of industrial parts. This financial strength underscores the company's competitive advantage and ensures consistent profitability.

Strategic Real Estate Inclusion: The inclusion of an expansive 18,000-square-foot commercial warehouse in the sale augments the business's competitiveness. Strategically positioned near key transportation hubs such as a major harbor, rail access, and critical highways, this valuable real estate asset enhances operational efficiency and presents avenues for potential future growth.

In a dynamic and ever-evolving industrial parts market, this business distinguishes itself by virtue of its comprehensive inventory, pioneering sales methodology, robust financial performance, and strategic real estate assets. The company's unwavering commitment to excellence positions it as an industry leader, poised to navigate future growth and carve a distinct path toward lasting success.

Reasons for selling:

Retirement

Trading hours:

M-F 9am - 3pm

Employees:
3
Years established:
23

Other Information

Support & training:

Number of Weeks Seller Will Offer Training: 6

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Owner Terms:$125,000.00 Interest:8% Term Months:60 Monthly Payment:$2,534.00

Furniture / Fixtures value:
$30,000 - included in the asking price
Inventory / Stock value:
$900,000 - included in the asking price