Profitable Distributor Of Commercial Friction Materials And Brakes For Sale

Business description

Profitable Wholesale Distributors of Brake & Clutch Friction Materials for Industrial, Truck, Performance Auto, & Marine Industries. In business for over 50 Years, this well respected business specializes in selling their products on a wholesale basis to a wide range of customers. Customers include high performance race cars, industrial vehicles, commercial trucks, marine equipment, municipalities and others. The business has long-term relationships with manufacturers across the country. There are approximately 13-15 product lines being distributed with a diversified customer base. Additional products could be added and other growth opportunities are available.
This business has experienced consistent revenue and profits over the years. 2012 first quarter revenue is averaging the same as 2011. The business continues to maintain consistent revenue and profits with almost no marketing and a part-time owner who is averaging a 4 day work week.
Purchase price includes all Furniture, Fixtures & Equipment. Current, Salable Inventory at cost will be verified prior to closing and added to the purchase price - approximately $170K+/-. Several growth opportunities are available which the Seller will discuss. This is a straight forward business model that is easy to operate. Seller will provide long-term training and Seller Finance for a qualified Buyer. The business is centrally located in LA County and is on a month to month lease. The business can be relocated anywhere in the greater Los Angeles area. Strong books and records.
Please note, NO additional information will be provided unless a Confidentiality Agreement and Proof of Funds of $230,000 have been submitted.

Property information

Real Estate:

Lease

Business Operation

Reasons for selling:

Retirement

Years established:

56 Years

Other information

Support & training:

Owner will train, at no cost to buyer, at the close of escrow.

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will consider financing for a highly qualified buyer.