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Manufacturing

Intl Supplier Of Commercial And Military Aircraft

Morristown, NJ, USA
Updated 195 days ago

This long-established business founded in 1980 enjoys an excellent reputation as an international supplier of aircraft parts and equipment committed to outstanding service, quality products and competitive pricing. The company is registered with the US State Dept and is familiar with ITAR compliance and has the ability to obtain state dept export licenses for overseas military accounts. In addition to supplying parts for commercial and military aircraft, daily contact with FAA overhaul agencies allows the company to provide overhaul services for ratable components and units with quick turnaround times. Products sold include airframes, avionics, hardware, rotables, ground service equipment, engines and turbine components. The business has an exclusive consignment of military parts consisting of over 50,000 items which are exclusively listed on the ILS System seen by most aerospace companies, both domestically and internationally. The business also possesses a State Department license enabling the company to import from a large amount of excess military parts from the government of a very close US ally. Sales are highly repetitive with the company's 200+ active accounts selling to airlines, governments, military and overhaul facilities. There are 9 employees including the 2 owners along with 7 others including 1 admin, 1 bookkeeper, 2 inside sales,1 U.S Government sales, and 2 warehouse and shipping personnel. The company leases approximately 5000SF of warehouse/office space. Owners wish to retire and are available for any necessary transition period.

Represented By Broker?

Yes

Financials

Asking Price
Undisclosed
RevenueMost Recent Year
$4.7M
Earnings (SDE)Last Reported
$610K
Assets Value
Undisclosed
Seller Financing
Subject to Negotiation

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