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$900,000
Sold For
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$2,906,828
Revenue
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$227,038
Discretionary Earnings
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Yes
SBA Financing
Aerospace-Military hardware/parts distribution and hardware OEM, ISO 9001 and ASD9100D certified, established for over 50 years is available for acquisition. The company has $2.9M Sales, $227,038 Discretionary Earnings, and is pre-qualified for SBA financing with $181,500 Down Payment for qualified buyers.
Offered at $900,000 + inventory.
Established for over 50 years, the company’s customers include major commercial aircraft and military manufacturers and aerospace-military subcontractors/manufacturers.
Financial Summary
Summary | 2018 | 2019 | 2020 |
Revenue | $3,338,996 | $3,516,952 | $2,906,828 |
Cost of Goods Sold | $2,202,344 | $2,146,129 | $1,728,969 |
Gross Margin | $1,170,533 | $1,382,707 | $1,178,929 |
Operating Expenses | $1,031,254 | $1,128,391 | $1,124,669 |
Net Profit | $139,279 | $254,316 | $54,260 |
EBITDA | |||
Owners Benefits | $171,261 | $207,286 | $172,778 |
Discretionary Earnings | $310,540 | $461,602 | $227,038 |
Summary:
- $2,906,828 sales
- ISO 9001 & ASD9100D Certified
- DOD QSLD (Qualified Supplier List of Distributors) & OEM AVL (Approved Vendor Lists)
- OEM military-aerospace parts manufacturer
- $227,038 Discretionary Earnings
- Offered at $900,000 + inventory
- SBA financing available for qualified buyer
- $181,500 down payment with SBA Financing
- Excellent books and records
The company has an excellent reputation for quality and on-time delivery and is on approved vendor lists of major aerospace-military manufacturers. The company specializes in certified aerospace and military hardware and has a large inventory including difficult to source parts and parts with large minimum order quantities too large for many customers to carry in inventory.
Services:
- Aerospace & Military Hardware-Parts Distributor/Supplier
- Specializes in difficult to source parts & parts with large minimum quantities
- ISO9001 & ASD9100D Certified
- Military/Aerospace hardware OEM with company CAGE code for their parts.
Staff
- 9 employees
- 5 Sales/Customer Service
- 1 QA
- 2 Shipping
- 1 Bookkeeper
Buyer Skills and Requirements:
The owner is actively running this business and the buyer will have to be willing and capable of learning to run this business. This is not a passive owner business.
The Seller’s responsibilities include general management, sales, and quotes. The Seller will provide training for 4 weeks/40 hours per week and in addition, will provide limited consulting after the initial training period as negotiated in the purchase agreement.
Reason for Selling:
The owner is retiring and would like to find a qualified buyer to continue to successfully run and grow the business.
Down Payment and Working Capital Required:
The down payment and working capital required for this transaction is a minimum of $181,500 down payment with SBA financing, plus working capital. Financing details are in the Offering Memorandum (OM) provided after receipt of your NDA.