UNDER CONTRACT ! Largest Repair and Parts Center in U.S for this

Worcester, MA (Worcester County)

Seller Financing Available
UNDER CONTRACT ! Largest Repair and Parts Center in U.S for this
Contact Seller

Asking Price: $2,000,000

Cash Flow: N/A

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: $476,000

Inventory: $1,700,000

Rent: $5.70 /Month

Established: 2007

UNDER CONTRACT ! Largest Repair and Parts Center in U.S for this

Save Print Share Valuation Report

Business Description

Largest Repair and Parts Center in U.S. for this construction Product

THIS BUSINESS IS UNDER CONTRACT-WE CAN NOT RESPOND TO INTERESTED BUYERS.
Largest Repair and Parts Center in U.S. for this construction Product
Unquestionably, this is the largest and best equipped operation in this business, in The United States, Canada and South America. They are the largest aftermarket parts center for hydraulic hammers.

You will be required to have $ 400 to $500 thousand dollars in cash to approach this business offering.
We will ask for documents that prove this. You will need a 750 credit score
A minimum 1 million dollars of net worth

COMPANY INFORMATION
They are the industry leading Massachusetts-based provider of rebuilding services, replacement parts for heavy-duty Hydraulic Hammers/Breakers, re-build parts, and attachments for demolition, scrap, recycling, mining and road construction applications.

This company is a fast growing Aftermarket Hydraulic Hammer parts business in the USA, South America and Canada. The revenues have been increasing continuously for 11 years in a row. Keep in mind; OEM’s only cover their brands! This business offers part replacements, tools, rebuilding/repair services and operational testing for over 60 OEM brands and over 1700 models. Many OEM customers buy from them also.

They have built this company with the brilliant strategic plan to always have the replacement parts and tools “IN STOCK” at all times to service their customers when they connect to the powerful websites, call or stop by at the shop. The much smaller competitors buy from them too!

In the spring of 2016, they invested over $300k to launch the New Tool Division. It’s been a fantastic success providing 70% profit, cross-selling to other parts, services and re-built hammers. “This Business Model is Simple” The Hammers/Breakers are self-destructive and require rebuilding after 1000 hours of use. The parts wear out and this vicious and highly profitable cycle starts all over again!

Here’s the kicker; 90% of the sales are Pre-Paid or COD. They accept credit cards, checks, money orders and good ole U.S. Cash!! Correct, you do not have to “chase’ receivables.

This company always pays their incoming account payable in 5 days!

CAN THIS COMPANY BE DUPLICATED BY ANY COMPETITION? THE ANSWER IS NO.
The reasons why this business cannot be duplicated by a competitor are confidential and will be explained in a clear fashion as to why, to the new owner.

The owners Personal Financial Expectations

You will be required to have $ 400 to $500 thousand dollars in cash to approach this business offering.
We will ask for documents that prove this. You will need a 750 credit score
A minimum 1 million dollars of net worth

My business was under agreement and working with the bank and law firm to set closing date, however the buyers were unable to put together sufficient funds to satisfy the lenders minimum down payment and working capital requirements. Valuable lessons were learned! I will no longer be sending confidential information out to the masses only to find they don’t have sufficient funds to buy my business and have working capital available on day one! If you DO NOT have a minimum $400K in cash and good credit, please STOP! You will be required to show me “Proof of Funds” prior to receiving any financial data or company information.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
4,500
Lease Expiration:
N/A
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4,500 Sq. Ft Including Repair Shop, Warehouse & Office
Competition:
They buy from me
Growth & Expansion:
The sky is the limit. New Tool Division is growing as is the Rebuilding Center. These divisions will continue to grow with the plans for rebuilding our National Infrastructure! Open a rental division for Hydraulic Hammers, small investment for a huge ROI.
Financing:
Will discuss seller financing at the appropriate time of discussions
Support & Training:
Full support and training is included personally by the owner for up to 6 months. 4 month Consulting Agreement to follow.
Reason for Selling:
Retiring
Contact Seller

Business Location


Contact the Seller

Contact Seller Loading

Business Listed By:
President

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1313030 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings