Niche Aftermarket Replacement Parts Distributor
Location: Michigan
Industry: Wholesale and Distribution > Wholesale and Distributors
Financials
Gross Revenue: $4,214,910
Cash Flow: $1,350,000
Inventory: $140,000 (Included in Asking Price)
FF&E: $25,000 (Included in Asking Price)
Seller Financing: negotiable
Business Summary
This Company is primarily engaged in the sale of aftermarket parts that have become unavailable through manufacturers in accordance with their planned obsolescence models. Manufacturers in certain industries utilize planned obsolescence models to push new technology on its users. The Company has found a highly specialized niche in providing products that are otherwise unavailable through the execution of the manufacturers’ model. In addition to the distribution of parts, the company also brokers used equipment, subcontracts repair services for products, markets batteries for the products, and provides software development and consulting services. Its customer base is broad and diversified with repair centers, distributors, and consumers as its primary customers.
About the Business
Year Established: 2001
Employees: 2 full time - 5 part time
Relocatable: Yes
Facilities: This facility is comprised of office space as well as warehouse space to store the inventory of products. The new facility has approximately 1,500 square feet, half of which is office space and half of which is warehouse space.
Market Outlook and Competition: While there are several companies in the industry, this company has found a niche in the industry with limited direct competitors that sell new aftermarket parts. While the manufacturers in this industry sell their OEM parts, this company sets itself apart by selling new 100% compatible aftermarket parts at a lower price. The company further differentiates itself by providing professional catalogs and websites, credibility in the industry, product availability, high quality products and excellent relationships with its customers.
About the Sale
Management Training and Support: Negotiable up to 45 days
Reason For Selling: Starting another business.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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