MRO Spare Parts Importer
Business Description
The Company operates two divisions specializing in MRO spare parts and designing customized engineered solutions. The importing division manages the logistics and brokerage of MRO spare parts from Japanese, Chinese and South Korean manufacturers. The engineered solutions division utilizes engineered machining services to process best-in-class machined parts. The Company serves customers in the manufacturing industry spanning North and South America.
Key Aspects
· The Company displayed exceptional customer retention and the
ability to build long-term, trusted relationships as 98% of 2024
revenue was generated from repeat customers
· The Company demonstrated strong operational efficiency,
maintaining an average gross profit margin of 24.2% from 2022 to
2024
· Proprietary technology that extends the life of abrasive tools gives
the Company a distinct competitive edge
· The Company has been in business for 24 years, is named UPS's
largest importer in the Southeast Region, and is 100% debt-free
· Financials as of 12/24
REF-BN000049379
Key Aspects
· The Company displayed exceptional customer retention and the
ability to build long-term, trusted relationships as 98% of 2024
revenue was generated from repeat customers
· The Company demonstrated strong operational efficiency,
maintaining an average gross profit margin of 24.2% from 2022 to
2024
· Proprietary technology that extends the life of abrasive tools gives
the Company a distinct competitive edge
· The Company has been in business for 24 years, is named UPS's
largest importer in the Southeast Region, and is 100% debt-free
· Financials as of 12/24
REF-BN000049379
About the Business
- Opportunities for Growth
- · Leverage the electric vehicle (EV) boom, with the auto parts
industry projected to grow at a 2.4% compound annual growth
rate (CAGR) from 2024 to 2029, to capture demand for
specialized, high-quality parts driven by sustainability and safety
innovations
· Expand strategic partnerships with automakers, building on
long-standing relationships and a customer base to secure
stable, recurring revenue through JIT (Just in Time) service,
ensuring timely delivery of products based on customer needs
Real Estate
- Owned or Leased
- Leased
Listing Info
- ID
- 2349378
- Listing Views
- 255
Listing ID: 2349378 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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