Industrial Parts Supplier

Los Angeles, CA (Los Angeles County)

Industrial Parts Supplier
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Asking Price: $675,000

Cash Flow: $150,000

Gross Revenue: $1,686,855

EBITDA: N/A

FF&E: N/A

Inventory: $765,000

Established: 1945

Industrial Parts Supplier

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Business Description

Established in 1945 this business has been family-owned ever since. Carries extensive line of bearings, belting, conveyors, belt drives and chain drives, etc. for every type of industrial application

Business is expanded and worldwide growth through on-line sales. Inventory can be to website from existing parts database.

FYE 2019 sales projected to be $1,465,980.

FYE 2018- $1,706,546

FYE 2017- $1,888,040

Gross profit average- +/- 40%. Or +/-$674,000 per year. Ideal buyer is in the existing industrial parts supply business and can ingrate this into an existing distribution operation. There currently is a lot of duplication, two faculties in proximity to each other and fully staffed.

Opportunity online expert to take this business to another level as an online supplier with global sales reach.

Current owners wish to retire from the business lease out the properties. This is a very low-risk investment astute buyer.

Revenues cash flow listed are 3-year average

Detailed Information

Location:
Los Angeles, CA
Inventory:
Included in asking price
Reason for Selling:
Retire
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Gary Hines

Business Listed By:
Gary Hines

Hines Associates, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The California Association of Business Brokers (CABB).

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