Power Tool Repair Sales Business - 10150

Islip, NY (Suffolk County)

Power Tool Repair Sales Business  - 10150
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Asking Price: $450,000

Cash Flow: $106,806

Gross Revenue: $619,124

EBITDA: N/A

FF&E: $40,000

Inventory: $220,000

Established: N/A

Power Tool Repair Sales Business - 10150

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Business Description

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.

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Detailed Information

Location:
Islip, NY
Inventory:
Included in asking price
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
seller will train the new buyer.
Reason for Selling:
Owner looking to retire 1-2 years.
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Vested Business Brokers, Ltd

Business Listed By:
Vested Business Brokers, Ltd

Vested Business Brokers, Ltd

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