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PROFITABLE AFTER MARKET BMW MOTORCYCLE ACCESSORY BUSINESS - SC2108


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PROFITABLE AFTER MARKET BMW MOTORCYCLE ACCESSORY BUSINESS - SC2108

 

Financial Information

  • Asking Price: $749,000
  • Cash Flow: $250,000
  • Gross Revenue: $1,200,000
  • Down Payment: $749,000
  • Financing: No
  • FFE (Included): $500,000
  • Inventory: $55,000

Business Location

  • Northern California

Business Description

This Northern California BMW Motorcycle Accessory business is a California Sub-Chapter S-Corporation and has been in operations for the past 37 years under the same ownership. This company designs and manufactures a complete range of aftermarket products for BMW Motorcycles, including items such as highway pegs, engine guards and rear-guard bar systems, driver and passenger floorboards, brake and shift extension and side stand feet…just to name a few. The products are designed and manufactured in the USA and utilize 6061 billet aluminum and 303 stainless steel metals, heavy wall steel tubing and custom molded polyurethane. All parts are CNC machined and anodized or powder coated for years of trouble-free service. This company has had thousands of satisfied customers for their superior accessories worthy of the most discriminating riders of the finest motorcycles in the world. This business is unique in its approach to American-style riding habits on BMW motorcycles. Because of the long distances involved in North American riding, ergonomic comfort is of paramount importance. They design and manufacture all of their product line. Their products cater to American preferences for a more relaxed and upright seating position. Their engine protection bar systems not only mitigate damage in the event of a drop, but they also provide a sturdy foundation on which to mount their uniquely design highway pegs.
 
 

Market Outlook/Competition

This business currently advertises via the internet and advertising into BMW Motorcycle Specialist Magazines. They can greatly expand through enhanced marketing, including social media and website improvements. Also, they did at one time work on different types of motorcycles, namely Harley Davidson. This can be brought back as they have the capabilities to provide aftermarket parts for many types of motorcycles. Also, expansion can be had by working to get contracts directly with the California Highway Patrol (CHP), who are standardized on BMW motorcycles, as well as many other highway patrols across the country. Not only growing by crossing over to other brands but expanding internationally into Europe and into the new GS, F and G-Model BMW lines. There is competition in the market, but they only overlap on 25% of the products this company provides. They are the leader in the depth and breadth of products they provide to the BMW motorcycle market.

 

Support & Training

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.
 

Reason for Selling

Seller would like to retire
 

 

Detailed information

  • Year Established: 1985
  • Home-Based: No
  • Franchise: No
  • Relocatable: Yes
  • Required Licenses: 
  • Is Property Leased: Yes
  • Real Estate Included: No
  • Real Estate Available: N/A
  • Real Estate Value: N/A
  • Part-time Employees: 1
  • Full-time Employees: 5
  • Building Size: 7500 sq ft 
  • Monthly Rent: $5,400

 

Broker: ProEquity Asset Management Corporation License ID: 01870526

 


Listed By: Adriana Sargent

Background information

Reference:

SC2108

Year established:

1985

Reason selling:

Seller would like to retire

Operations

Employees:

Part-time Employees: 1 Full-time Employees: 5

Equipment:

FFE (Included): $500,000

Inventory:

Inventory: $55,000

Premises

Facility:

Upon Request

Square footage:

7500 sq ft 

Rent and lease terms:

Building Size: 7500 sq ft  Monthly Rent: $5,400  

Location:

Northern California

Opportunities

Growth:

Expansion can be had by working to get contracts directly with the California Highway Patrol (CHP), who are standardized on BMW motorcycles, as well as many other highway patrols across the country. Not only growing by crossing over to other brands but expanding internationally into Europe and into the new GS, F and G-Model BMW lines. There is competition in the market, but they only overlap on 25% of the products this company provides. They are the leader in the depth and breadth of products they provide to the BMW motorcycle market.

Market:

This business currently advertises via the internet and advertising into BMW Motorcycle Specialist Magazines. They can greatly expand through enhanced marketing, including social media and website improvements. Also, they did at one time work on different types of motorcycles, namely Harley Davidson. This can be brought back as they have the capabilities to provide aftermarket parts for many types of motorcycles.

Price and terms

Price:

$749,000

Down payment:

$749,000

Financing:

No Seller Financing

Training:

The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed upon cost to the new Owner.