Printer



Active

NORTHERN CALIFORNIA EXHAUST COMPONENT MANUFACTURER - SC2139


NORTHERN CALIFORNIA EXHAUST COMPONENT MANUFACTURER - SC2139

 

  • Asking Price: $2,850,000
  • Cash Flow: $480,000
  • Gross Revenue: $1,980,000
  • Down Payment: $2,850,000
  • Financing: Yes
     

Business Location
City: Northern California
State: California

Financing Comments
Seller financing may be available for a portion of the purchase price. The amount and terms financed will be dependent on the offered price and quality of the Buyer.

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 9
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $410,000
Inventory Included: Yes
Inventory Value: $525,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: $0
Building Size: 22000
FF&E Included?: Yes
FF&E Value: $1,250,000

Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

Facilities
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller. The facility includes a show room, office space and very spacious manufacturing space.

Market Outlook/Competition
Overall, industry experts felt that the marketplace remained strong, but they also acknowledged the challenges posed by COVID-related disruptions over the past year. The automotive aftermarket gained an estimated four million new customers during the 2020 pandemic year. 

Real Estate Description
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller.

 

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191



Listed By: Myrtel Lapuz

You might also be interested in the following listings

Background information

Reference:

SC2139

Year established:

1970

Reason selling:

The reason for selling is the Seller would like to pursue other interests.

Finance

Sales:

$1,980,000

Profits:

$479,999

Operations

Employees:

Part-time Employees: N/A Full-time Employees: 9

Equipment:

Upon Request

Inventory:

Inventory: $525,000

Furniture fixtures and equipment:

FFE (Included): $1,250,000

Premises

Facility:

This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller. The facility includes a show room, office space and very spacious manufacturing space.

Square footage:

22000 sq ft 

Rent and lease terms:

N/A

Location:

Northern California

Opportunities

Growth:

Once considered one of the more backward-looking segments of the automotive aftermarket, the hot-rod and street-rod markets have changed radically over the past generation. No longer the exclusive province of ’30s through ’50s roadsters and sedans equipped with traditional running gear, today’s hot-rod market spans the automotive spectrum to include ’60s through ’80s muscle cars, pickups and utility vehicles sporting 21st-century technologies. In all, the market has grown into a global industry that constitutes a $1.26-billion market sector, according to the most recent survey from the SEMA’s Hot Rod Industry Alliance (HRIA).

Market:

Overall, industry experts felt that the marketplace remained strong, but they also acknowledged the challenges posed by COVID-related disruptions over the past year. The automotive aftermarket gained an estimated four million new customers during the 2020 pandemic year.

Price and terms

Price:

$2,850,000

Down payment:

$2,850,000

Financing:

Seller financing may be available for a portion of the purchase price. The amount and terms financed will be dependent on the offered price and quality of the Buyer.

Training:

The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.