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Worldwide Propeller Specialists for sale in North Hollywood, CA

North Hollywood, California (CA)

Asking Price: Gross: Cash Flow:
$ 714,000 $ 1,635,458 $ 66,397

Furniture and Fixtures Value:
$ 320,025 (included in the asking price)

Inventory Value:
$ 7,700,000 (included in the asking price)

Business Summary:
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.

 

   
Year Business was Established: 1953
   
Number of Employees: 9 FT  
   
Facilities / Terms of Lease: 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.  
   
Owner willing to finance: Seller will consider all offers  
   
Owner willing to train: 4 weeks  
   
Reason for selling: Retiring  
   
Seller Reference Number: 130-20510
BusinessMart.com Listing Number: 267163
 

 

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For more info contact:

Adrianna Smith

First Choice Business Brokers Los Angeles #130
424-832-3410

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