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
Picture | Status | Title | Price | Revenue | Profits |
---|---|---|---|---|---|
![]() |
Sold | Profitable After Market BMW Motorcycle Accessory Business - SC2108 | $749,000 |
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.