Business Description

This company is a distributor of spare parts for industries such as aerospace, automotive, industrial, marine/RV, medical, mobile cranes, railway/subway, telecommunications, and transportation. They have an extensive inventory of over 1 million line items, which includes factory new, surplus, and consignment excess inventory sourced from various suppliers. The owner operates with a proprietary order system, keeps detailed records, and maintains an inventory valued at $400,000. Profit margins are high, with many items resold for over 1000% profit, and the owner predicts potential revenue growth in the coming years. The current owner is looking to sell the business, which is not eligible for bank financing. Interested buyers must have proof of liquid funds totaling $1,500,000, the required downpayment to engage in discussions with the seller. Despite the financing restrictions, the business presents an opportunity for significant growth, with the potential for doubling revenue in the near future. The company's specialization in spare parts distribution