Aerospace Distribution with Absentee Ownership

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Business Description

Aircraft parts and maintenance items is their primary business, however they service other industries too. Superior customer service and hard to get materials, routine maintenance items and rare parts are this company’s specialty.

The company has MANY Supplemental Type Certificates (STC). If you’re unfamiliar with STCs... this is a requirement of the FAA for any part that will replace an OEM part. FAA approval must be obtained for ALL replacement parts so they are then certified to sell.
This innovative company has multiple STCs which means they are often THE ONLY source for the specialized certified parts to be purchased. Qualifying for the approval of an STC is a time consuming, complex and costly process. Over the years this company has many STC’s in place and they continue to add new ones. Ownership expects this will continue in the future.

Absentee Ownership of the business: The detailed operation systems that are in place along with seasoned high quality employees have allowed for the current owners of the business to operate the business as ABSENTEE owners. The President of the company spends half of the year on his Yacht while the employees manage all areas of the business operations.

About the Business

Year Established:
1953
Number of Employees:
7
Real Estate:
Leased
Building Sq. Ft.:
24,000
Rent:
$8,000.00 Per Month
Facilities:
The building and land are owned personally by the current owners and is leased to the corporation. 24,000 square feet of building space with a loading dock.

The current rent is BELOW Fair market Value for the facility. With a long term lease from the buyer, the current ownership is willing to keep the rent the same for a new owner.
Market Outlook/
Competition:
The business is one of the largest stocking distributors of many popular materials and maintenance items.

The company specializes in hard to locate parts. Often times they sell OEM parts to the original company who originally manufactured the part. They overnight and/or expedite deliveries worldwide.

They are also one of the largest stocking distributors of Aircraft Quality Alloy Steel Sheet in North America. Over 150 tons in stock. Heat treated or non-heat treated in various thickness and sizes. This company will customize sheets to meet the customer’s specifications. There is no minimum purchase requirement which allows their customers the luxury of not having to spend a lot of money in inventory, storage or time waiting for delivery. The company sells sheet metal to different industries in addition to aircraft.
A solid reputation for quality parts both new and new surplus. Hard to find parts and rare products have made this business the first call their customers make when time is critical. Typically, time is always critical, especially when an airplane is grounded.
They are THE largest stocking distributor and seller of certain items, brands of parts and materials in North America.
Long term relationships with its customers who have purchased products for years have created a solid foundation for the business to be taken to the next level.
Quality control systems are in place from when the order is first placed until the finished product is delivered to the customer.
Growth & Expansion:
Expanding Marketing efforts could increase the company sales. Additional product and/or product lines can be acquired to be sold to both current customers and other industry markets.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
Negotiable

Listing Info

ID:
1491689
Ad Detail Views:
1323
Asking Price:
$5,655,000

Gross Revenue:
$4,000,000
Cash Flow:
$500,000
EBITDA:
$489,000
Inventory:
$26,000,000
included in asking price

FF&E:
$100,000
included in asking price

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Business Listed by

Brent Bressler

Bressler Ventures LLC

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