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Listing ID: 1678202

Largest Repair And Parts Center In U.S. For This Construction Product - Sales Always Increase Past 11 Years! Niche Parts Supply And Rebuild Center That Can't Be Duplicated For Sale

Worcester, Massachusetts, United States

$ 2,000,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Business Description
Largest Repair and Parts Center in U.S. for this construction Product
Largest Repair and Parts Center in U.S. for this construction Product
Unquestionably, this is the largest and best equipped operation in this business, in The United States, Canada and South America. They are the largest aftermarket parts center for hydraulic hammers.

You will be required to have $ 400 to $500 thousand dollars in cash to approach this business offering.
We will ask for documents that prove this. You will need a 750 credit score
A minimum 1 million dollars of net worth

COMPANY INFORMATION
They are the industry leading Massachusetts-based provider of rebuilding services, replacement parts for heavy-duty Hydraulic Hammers/Breakers, re-build parts, and attachments for demolition, scrap, recycling, mining and road construction applications.

This company is a fast growing Aftermarket Hydraulic Hammer parts business in the USA, South America and Canada. The revenues have been increasing continuously for 11 years in a row. Keep in mind; OEM’s only cover their brands! This business offers part replacements, tools, rebuilding/repair services and operational testing for over 60 OEM brands and over 1700 models. Many OEM customers buy from them also.

They have built this company with the brilliant strategic plan to always have the replacement parts and tools “IN STOCK” at all times to service their customers when they connect to the powerful websites, call or stop by at the shop. The much smaller competitors buy from them too!

In the spring of 2016, they invested over $300k to launch the New Tool Division. It’s been a fantastic success providing 70% profit, cross-selling to other parts, services and re-built hammers. “This Business Model is Simple” The Hammers/Breakers are self-destructive and require rebuilding after 1000 hours of use. The parts wear out and this vicious and highly profitable cycle starts all over again!

Here’s the kicker; 90% of the sales are Pre-Paid or COD. They accept credit cards, checks, money orders and good ole U.S. Cash!! Correct, you do not have to “chase’ receivables.

This company always pays their incoming account payable in 5 days!

CAN THIS COMPANY BE DUPLICATED BY ANY COMPETITION? THE ANSWER IS NO.
The reasons why this business cannot be duplicated by a competitor are confidential and will be explained in a clear fashion as to why, to the new owner.

The owners Personal Financial Expectations

You will be required to have $ 400 to $500 thousand dollars in cash to approach this business offering.
We will ask for documents that prove this. You will need a 750 credit score
A minimum 1 million dollars of net worth

My business was under agreement and working with the bank and law firm to set closing date, however the buyers were unable to put together sufficient funds to satisfy the lenders minimum down payment and working capital requirements. Valuable lessons were learned! I will no longer be sending confidential information out to the masses only to find they don’t have sufficient funds to buy my business and have working capital available on day one! If you DO NOT have a minimum $400K in cash and good credit, please STOP! You will be required to show me “Proof of Funds” prior to receiving any financial data or company information.

Property Details

Size:

4500

Years Established:

11

Property Type:

Lease

FF&E:

$ 476,000

Inventory Value:

$ 1,700,000

Other Details

Business Location:

Economical leased space convenient to major interstate highway systems.

Competition:

Extremely limited. Several competitors purchase from this company.

Expansion Potential:

I have prepared new business models that will increase revenues and profits. These are not used at this time and are avenues that a new owner will enjoy.

Planning Consent:

I will guarantee and assure a smooth transition and will train onsite (free) for the six months and also add an additional 6 months at no fee for consulting. Employees will remain with business as well!

Operation Details

Employees:

5 - Sales per employee of $320,000!

Trading Hours:

8:30 AM - 5:30 PM Monday - Friday

Support & Training:

I will guarantee and assure a smooth transition and will train onsite (free) for the six months and also add an additional 6 months at no fee for consulting. Employees will remain with business as well!

Miscellaneous

Financing Available:

Yes
Partial financing may be a possibility depending on past history of buyer.

Reason For Selling:

I am a successful entrepreneur and as with my previous enterprises, have started the operations from scratch then cautiously and methodically grew them while making a great living. I eventually have sold each at a fair price. I am now ready to spend time with my family including the grandchildren after your training.

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