Listing ID: 77399

Business Overview

This fixed wing parts supplier has been around since 1953 and still continues to leverage its excellent reputation and vast inventory to keep customers coming back year after year! The Seller ultimately took over this business from his father and has seen it truly thrive over the decades! He is ready to retire and presents a rare opportunity to the right Buyer to not only get involved with a long standing brand that is well known and well respected the world over, but that also provides a significant competitive advantage by being the ONLY COMPANY IN THE WORLD with some parts or the ability to replicate needed items. Seller invested over $7,000,000 into inventory that goes with the business as well – an untapped goldmine if marketed properly. This is currently being run as a Semi-Absentee business for those just looking to generate cashflow but is primed to benefit from a Buyer that is ready to roll up his/her sleeves and grow it! The facilities are a perfect fit for the business as the building was originally built to handle the business. If you are entrepreneurial, enjoy the aerospace field and likes to travel – then reach out for more information! You DO NOT need to know anything about the parts on the airplane, your staff brings that knowledge with them, and if you like travel and are enthusiastic about this industry, this is a rare opportunity.

Financial

  • Asking Price: $714,000
  • Cash Flow: $66,397
  • Gross Revenue: $1,635,458
  • EBITDA: N/A
  • FF&E: $320,025
  • Inventory: $7,700,000
  • Inventory Included: Yes
  • Established: 1953

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This business has a leased location of 12,000+ square feet with a total monthly rental of $12,000. The seller is active in business with 9 FT employees. Hours of operation are Mon-Fri, 8:30am-4:30pm. Included in asking price are $7,700,000 in inventory and $320,025 in equipment and fixtures.

Is Support & Training Included:

4 weeks

Purpose For Selling:

Retiring

Additional Info

The business was started in 1953, making the business 69 years old.
The deal does include inventory valued at $7,700,000, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell operating businesses. However, the true factor vs the one they tell you may be 2 totally different things. For instance, they may state "I have way too many other responsibilities" or "I am retiring". For many sellers, these reasons are valid. However, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competitors, recent decrease in earnings, or a range of other factors. This is why it is really essential that you not rely entirely on a seller's word, but instead, make use of the vendor's solution combined with your total due diligence. This will paint an extra practical picture of the business's present scenario.

Existing Debts and Future Obligations

If the current business is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses borrow money with the purpose of covering points like supplies, payroll, accounts payable, etc. Remember that in some cases this can suggest that profit margins are too tight. Lots of businesses fall into a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that have to be met or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in new consumers? Many times, operating businesses have repeat clients, which develop the core of their everyday profits. Particular aspects such as new competitors sprouting up around the area, road construction, and staff turnover can affect repeat customers and also adversely affect future incomes. One crucial thing to consider is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business regularly, the greater the possibility to develop a returning consumer base. A last thought is the general area demographics. Is the business placed in a largely inhabited city, or is it located on the outside border of town? Just how might the neighborhood mean home earnings impact future earnings prospects?