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Distributor of Bushings, Bearings, and Bronze Wear Plate

Genesee County, MI (Relocatable)

Seller Financing Available
Distributor of Bushings, Bearings, and Bronze Wear Plate
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Asking Price: $270,000

Cash Flow: $98,000

Gross Revenue: $200,000

EBITDA: N/A

FF&E: N/A

Inventory: $40,000

Established: 2007

Distributor of Bushings, Bearings, and Bronze Wear Plate

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Business Description

Bushings and Bronze Wear components

Importer/Reseller of our own high-quality brand of Bushings and Bronze wear plates, cataloged standards and specials to customer drawings. Established customers, established supply-chain, established company. Very good profit margins.
Product scope includes Spherical Bearings, Thin Split-Type Dry-Metal bushings, Bronze Bushings, Self-Lubricating Bronze Bushings w/graphite plugs, Bronze Wear Plates, Bronze Self-Lubricating Wear Plates w/graphite plugs, etc...
These components are imported from key established long-term partners off shore in Asia.
Some items could be produced once again here stateside, as they were several years ago.
Very simple business to operate without an enormous time commitment.
We are approved at some very large companies, which could be leveraged to increase sales of other potential products. Some industries segments include mining, automotive tools, OEM equipment manufacturers, and other resellers.

Detailed Information

Location:
Genesee County, MI
Inventory:
Included in asking price
Employees:
1
Facilities:
Will be easily integrated into another business which already stocks some inventory and processes customer orders. Easy to relocate into another businesses facility, as well as to integrate into another business ERP computer system. Very little shelf space is required for inventory. No fixed assets are included other than current product inventory on hand, customer lists, historical information, catalog and item master, website, phone/fax, email accounts.
Competition:
This is for the North American territory for our established brand. Partner company is also located in S. Korea. Items are manufactured in China and S. Korea for resale into primarily the US marketplace. This is a 100% solely owned American company; however, we cooperate closely with our S. Korean partner so as to provide global customer support for our products. Our company is not owned or controlled, in any form, by our S. Korean partner. Several well known competitors are: Anchor Lamina, Danly/IEM, Sankyo, Oiles, Fibro, Self-Lube, among others.
Growth & Expansion:
Plans for possible expansion into Mexico and South America. Recently gained General Motors global approval on Bronze laminated wear plate for use in global new die construction. Plan to add inventory of this product to support North and South American sales growth. Very diverse customer base.
Financing:
Possible partial financing
Support & Training:
Will provide product and order processing training, and introduction to key customers if requested. Will not require a large training commitment, as products are self explanatory for the most part. We use Quickbooks Distribution and Manufacturing Edition.
Reason for Selling:
Requires additional time and investment for planned company growth/expansion
Business Website:
http://kegiamerica.com
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Business Listed By:
Jeff Burt

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