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Parts Distributor To Machining Industry

Location  California,United States
Asking Price Range  < $250K
Gross Revenues  $169492
Net Profit / Cash Flow  $33171
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1981
Number of Employees  1 - 3
Inventory  230000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Owner will stay at no additional cost for 30 days to transition the business. On-going consulting possible for a mutually agreed fee.
Reason for Sale  Owner wishes to retire due to declining health.
Description  This specialty business provides tooling and parts for both CNC equipment and conventional machines. There are few competitors in the geographic area in this field and the owners have sold mostly by word of mouth advertising. The company has been in operation for 29 years and has realized its success through breadth of inventory, exemplary service and a reputation for honesty and fair dealing. All needed equipment, inventory and supplies are included in the purchase price. Owner will stay with the business to train for 30 days. Owner will consider partial financing for qualified Buyer. Are you an entrepreneur with knowledge of the machining industry? Are you mechanically inclined and dream of owning your own business? If you answered yes, this may be the perfect opportunity for you. Email or call Betty Villani, Broker, at 909-980-6040 for more information on this Parts Distribution business for sale.
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