Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Sold. International Quality Aviation Parts, Accessories And Equipment Sales

LISTING DETAILS
Firms For Sale ID:
29529
Vendor reference:
GA003
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed  
Turnover / revenue:
£1,000,000
Net profit / cashflow:
£150,000
Number of employees:
2

OTHER DETAILS
Reason for selling:
The owner has reached semi retirement age
Support and training:
The owner is happy to provide support for the new owner for a negotiated period of time.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold although we are informed that the business could easily be relocated.
 
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BUSINESS DESCRIPTION
International Quality Aviation Parts, Accessories and Equipment Sales
Ref.GA003
Location Norfolk
Offers Invited
Interest is invited for the purchase of this International aviation Parts and Accessories company. The business has supplied customers worldwide for a period of time spanning four decades, during which time it has established an enviable global reputation as a premier dealer with extensive knowledge in specialist Parts, Accessories and EFIS (Electronic Flight Information System) Avionics Equipment for the aviation industry.

The company specifically deal with helicopters and are well trusted within the industry.

The company is committed to high standards and support that includes a large inventory of Parts, Spares and Components that can be delivered promptly to any place on the globe.

This opportunity represents an excellent proposition for a buyer looking to expand their market share in the aviation Parts and Accessories market or for an individual looking to acquire their first business.

This easy to run, established and consistently profitable business is ideally placed to take full advantage of a constant market and increase the turnover. A new owner could easily bolt this onto another similar business.

Expansion Potential
There are many opportunities to expand the business especially the sale of pre-owned, Serviceable and Overhauled Parts. The company is in the early stages of working towards selling Parts and Accessories online. At the moment, a percentage of the Parts are not priced, although guidelines are held in house. Therefore this could suit a new owner with an IT background whom would be able to build on the relatively basic website.

Work in being undertaken to offer the facility of online purchasing, with photographs being taken of each Part and scanning any associated paperwork. On line purchasing could attract even more business from customers for instance – in Australia (which could be in the middle of the night here in the UK or the USA), and using credit card details, secure the purchase of that Part.

Market / Competition / Non-Competition Agreements
The company has built a superb name and reputation over the years and has a professional company website to showcase the products on offer. Approximately 99% of enquiries come in via the internet.