NJ Motor Importer/Distributor

New Jersey
listing image
Asking Price:$1,725,000
Gross Revenue:$1,869,700
FF&E:$130,000
Cash Flow:$465,200
Inventory:$900,000
BUSINESS DESCRIPTION

LISTING ID # 36461

Importer and distributor of electric micromotor hand pieces for over 30-years with established network of dealers and end users. Such precision tools appeal to a wide variety of uses and markets and company is not dependent on any major customers. Main product focus is dentists and dental laboratories, hobby or industrial and nails manicure and podiatry as 3 distinct segments and market opportunities Exclusive North America agents for noted brands for dental, nails and podiatry markets. Company maintains excellent margins and is confirming an industry trend for more retail sales that will further increase margins. Additionally, company is exploring the possibility of launching nail care items on Amazon to increase market awareness of the company and brand. Call the Broker for more information.


DETAILED INFORMATION
Location
New Jersey
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Support & Training
Seller will train
Reason for Selling
Retirement
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Vested
Business Brokers, Ltd
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Vested Business Brokers, Ltd