Established Classic Car/Truck Parts Manufacturing Business
Lane County, Oregon
| Asking Price: |
Gross: |
Cash Flow: |
| $1,100,000 |
$1,036,320 |
$301,540 |
Furniture and Fixtures Value:
$22,650 (included in the asking price)
Inventory Value:
$240,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
The Company sells aftermarket products for select models of classic cars and trucks. The products are sold nationally and globally mainly through dealers with a small amount of product sold through the Company website. The business is home based with two employees, both owners of the Company, both of whom are retiring.
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| Year
Business was Established: 1995 |
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| Number of Employees:
1 FT |
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| Facilities / Terms of Lease:
The business is home based in the owners' 1,200 sq. ft., frame-built shop/garage. The business must be relocated. The business can be relocated to the buyer's property or to a suitable manufacturing facility. No real estate is included in the sale. |
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| Potential
Growth/Expansion:
With at least 3% growth each year, the Company has enormous potential for more growth. A few products have only been out a year or two, so there is growth opportunity as the word gets out. There are still many people who haven't heard of the Company or the unique products being offered. There are untold Restomod shops and other aftermarket auto parts specialty dealers who could be marketed to with little effort with print advertising, tradeshows, SEMA, car shows, Barrett-Jackson, TV spots with shows like Bitchin' Rides, Iron Resurrection, etc. The restomod/classic car enthusiast market is more popular every year, with LOTS of money being spent to restore and to take the cars to the extreme. It is the owners' opinion that they could be holding the company back in growth because of their plans to retire. |
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| Competition:
The Company is involved in a niche market with very little competition. A few companies manufacture replacement parts, but no other company manufactures the types of products provided by the Company. |
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| Owner
willing to finance:
Lender pre-screened with $110K down. |
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| Owner
willing to train:
Will train for 4 weeks @ $0 cost. |
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| Reason for selling:
Owners are retiring. |
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| This business is Home Based.
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| REQUEST MORE INFO |
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