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Industrial Parts Exporter, Importer and Wholesale Distributor

Maryville, TN
Asking Price:$475,000
Gross Revenue:$1,145,000
Rent:$3,750/Month
Established Year:1995
Cash Flow:$92,000
Inventory:$191,375
FF&E:$22,000
Listing ID: 2271325Listing provided by BizBuySell
BUSINESS DESCRIPTION

Bearings, Seals and Industrial Power Transmission Equipment

This Company is an established and well respected Industrial and Agricultural replacement parts Stockist and Distributor.
It has been in business for over 28 years and represents many of the world's major manufacturers and top brands of Bearings, Seals, Belts and Industrial Power Transmission Equipment.
It has full knowledge and experience of documentation and shipping both domestically and to and from all parts of the world.
Everyday activities include the Import of parts and machinery not easily available in USA and the Export of USA made products.
This enables it to fully service customer's replacement parts needs.
It has established domestic and overseas customer bases.
It is located on a major Industrial Park in a rapidly developing industrial area and has been operated successfully as a Family business without any significant advertising or sales representation.
It is therefore uniquely positioned for rapid growth and expansion.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
5,000
Lease Expiration
31/12/2030
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Major Manufacturer's Agencies. Established domestic and overseas customer bases. Comprehensive inventory included in the sale of the business. Forklift and all necessary handling equipment included. Metal storage racking included. Business owners personally own the premises which would be available for sale or lease under separate negotiation. 5,000 square feet warehouse and offices on a 3.13 acres lot. 750 square feet of Offices heated and air-conditioned. Large warehouse loading door to take full sized trucks and semis.
Competition
There is an on-going continual need for replacement machine parts for most industries. As an experienced importer the business has the advantage of being able to source difficult and unusual parts from all over the world for any items not available domestically. As an exporter the business is able to supply USA made product not readily available overseas. The business has existing customers in USA, Mexico, South America, Australia and Europe.
Growth & Expansion
The Company holds many of the major manufacturer's agencies so there is tremendous potential for growth. It has been run as a family business with no outside sales representation or advertising activities.
Support & Training
Training to ensure a smooth transition for up to 6 months.
Reason for Selling
Retirement
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Peter Jones
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Peter Jones
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