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Power Tool Repair & Sales Business
Location: United States -> New York -> Other New York -> Suffolk County
Industry: Retail > Other Retail




Business Summary

A market leader in power tool repair and sales serving the Greater Long Island area for over four decades. Recurring business of hundreds of long-term customers, and has become a trusted business partner of the largest power tool manufacturers, being only one of a select few authorized service center for the top tool manufacturers. Its customer base is comprised of trade contractors and other professional consumers of power tools and related industrial tools, equipment, accessories and technology. Maintains a fully equipped and stocked retail showroom. Retail sales account for approximately 65% of Company revenue and 40% of operating margins. Tool repair and refurbishment account for 35% of gross revenues and 60% of operating margins. Contact for more information on this Power Tool business for sale.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $646,540
Cash Flow:   $106,806
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  1966
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Owner is retiring.




Print Listing Id: 70079599
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