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Los Angeles

  • Listing No.: 130-20510

  • Category: Manufacturing

Asking Price $714,000
Down Payment
Gross Revenue $1,635,458
Total Adjusted Net Income $66,397
Equipment / Fixtures $320,025
Year Established 1953
General Location Los Angeles
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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.

Gross Revenue $1,635,458 Listed Price $714,000
Total Income $66,397 Down Payment
Base Rent Square Feet 12000
Total Rent $12,000 Lease Expiration
Rent Deposit Lease Options
Inventory $7,700,000 Leasehold Improvements $0
Equipment / Fixtures $320,025 Other Assets
Full-Time Employees 9 Training Period 4 weeks
Part-Time Employees Special License Required Not to run the business - Has FAA Repair License
Contract Staff Reason for Selling Retiring

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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