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Location: |
Orange County, California
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Asking: |
$1,950,000 |
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Financing: |
Owners are willing to consider financing a portion of the sales price |
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Revenue: |
$1,850,000 |
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Cash Flow: |
$390,000 |
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Furniture, Fixtures & Equipment: |
$400,000 |
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Inventory: |
Inventory will be included in the sale price |
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Summary: |
The company was formed in 1985 and purchased by the current owner in 1990. The company manufactures and sells highly customized aftermarket car parts for two different market segments.
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General Information |
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Year Established: |
1985 |
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Employees: |
15 |
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Facilities: |
The owner owns the building in which the company operates. The owner is willing either to sell the building as part of the sale or to enter into a long term lease agreement with the buyer. |
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Market Outlook |
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Competition: |
The market for the company's product is divided into high end and low end segments. The high end market is predominantly served by United States manufacturers, while the low end market is served largely by overseas manufacturing. The company manufactures high end parts, and maintains an estimated 50% of the high end market in the United States.
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Growth & Expansion: |
The company has not done a particularly good job of marketing over the years, and sales could be expanded by increasing sales efforts, including adding sales people. |
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About the Sale |
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Support/Training: |
The seller will provide reasonable training as part of the purchase price. |
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Reason Selling: |
The owner is over 70 years old and looking to retire. |
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Contact Information |
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Contact: |
Michael Schwerdtfeger, Venture Compass |
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Phone: |
(310) 541-4851 |
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E-Mail: |
michael@venturecompass.com |
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