Business Description

 

 
     
 
  Location:

Orange County, California

 
       
  Asking: $1,950,000  
  Financing: Owners are willing to consider financing a portion of the sales price  
   
       
  Revenue: $1,850,000  
  Cash Flow: $390,000  
  Furniture, Fixtures &
Equipment:
$400,000  
  Inventory: Inventory will be included in the sale price  
       
  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.
 
       
  General Information  
       
  Year Established: 1985  
  Employees: 15  
  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.  
       
  Market Outlook    
       
  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.
 
       
  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.  
       
  About the Sale    
       
  Support/Training: The seller will provide reasonable training as part of the purchase price.  
  Reason Selling: The owner is over 70 years old and looking to retire.  
       
  Contact Information  
       
  Contact: Michael Schwerdtfeger, Venture Compass  
  Phone: (310) 541-4851  
  E-Mail: michael@venturecompass.com