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Details - Information last confirmed on May 11, 2021

Our Group presently represents for sale, on an exclusive basis a New England based, privately held distributor and remanufacturer of diesel engines, parts, accessories and overhaul kits.

• The Company is a well-established brand that is known for its extensive inventory, same-day shipping, engine expertise and exceptional customer service.

• It specializes in the sale of the most widely recognized names in diesel engines, transmissions and take-off clutches.

• In addition to these product lines, the Company offers its own value-added services such as remanufactured engines, its own custom-made diesel exhaust scrubbers and remanufactured power take-off clutches.

• It has an email list of 17,000 + past and former customers and serves customers throughout North America and in industries including agriculture, construction, manufacturing, marine, municipalities, recreational, etc.

• Over the past twelve months it has conducted business with over 2,600 individual customers. Its largest customer accounts for less than $50,000 in revenue.

• Sales are obtained via its website, emails and direct phone calls from customers. It has a strong customer service/support team that proactively supports the sales process.

• It has been investing in its web presence and in the past year has more than doubled the revenue generated from direct purchases via its website. It does not sell through Amazon.

• Virtually all of its sales are completed with a credit card, thereby allowing the Company to generate nearly instant cash flow.

• Annual revenue for 2020 was $3,300,000 million with an adjusted EBITDA of approximately $720,000. It maintains a gross profit margin in the high 40’s.

• This is all accomplished with four full-time employees and the owner who is active in the business. A key manager is in place to manage the day-to-day operations.

• It operates out of a 20,000 square foot facility that has convenient access to major highways and shipping centers. The facility is available for lease.

• The Company has come to the market due to the ownerships desire to retire. They are prepared to stay for a reasonable transition period.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.