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Lucrative Spare Parts Business In New York For Sale

New York, US
Asking Price:
$2,500,000 Inventory / Stock included
Sales Revenue:
$1,500,000
Cash Flow:
$700,000

LISTING ID # 35087

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.

Business Operation

Reasons for selling:

Retirement

Employees:
3 FT
Years established:
16

Other Information

Support & training:

Seller will train

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

1,500,000.00 Down & balance due over 5 years @ 8%

Inventory / Stock value:
$400,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.