Worldwide Propeller Specialists

North Hollywood, CA
Los Angeles County


Asking Price: Annual Revenue:
$1,500,000 $1,635,458

Automotive & Boats: Marine Repair, Retail, Parts & Service


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RE: Worldwide Propeller Specialists Broker: Michael Preston

Quick Facts

Asking Price: $1,500,000
Annual Revenue: $1,635,458
Net Profit: Not Disclosed
Cash Flow: $66,397
Total Debt: Not Disclosed
FF&E: $320,025
Real Estate: Not Disclosed
Year Established: 1953
Employees: 9
BBN Listing #: 731362372
Broker Reference #: 130-20510

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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.

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Property Features and Assets:

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 Full Time employees. Hours of operation are Monday - Friday, 8:30am-4:30pm. Included in asking price are $7,700,000 in inventory and $320,025 in equipment and fixtures.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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