Business for Sale Overview:
Business Description 30 plus year old company helps clients with the location and purchase of aircraft engines and parts. A portion of their revenue comes from parts and engine overhauling. They broker roughly 80% of their parts sales, and the other 20% comes from their inventory. Their inventory is roughly $300,000. They are working roughly 20 customers that are government entities, agencies, or departments. Usually working with their air force or defense department. Some relationships date back to inception of the company. Company is over 30 years old, and is still being run by original owner. Transition of relationships to new owner should be smooth. Owner Qualifications: Ideal buyer is experienced in aircraft parts and aircraft parts brokerage, and is looking to expand expertise, contacts, and relationships. A buyer with $1-$1.5 million that can be used to purchase inventory will be a big plus.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Company occupies 2,500 Square Feet of office space and 10,000 Square Feet warehouse. They have an additional 4,000 Square Feet of off-site storage for inventory they sell. Support/Training: 1 month at 40 hours per week.
Market Competition and Expansion:
Competition: Company is very established, and has invaluable connections with local and foreign governmental agencies that will be passed along to the buyer.
Growth/Expansion: The biggest opportunity for growth is to establish an office in China. They have only been working for a few years with the Chinese government, and having someone staffed in China would greatly increase the chances of gaining a significant amount of new business.
Reason for Selling:
Retirement.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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