|
Automotive Accessory Manufacturing Business For Sale
Location California,United States
Asking Price Range < $250K
Gross Revenues $720547
Net Profit / Cash Flow $51453
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1988
Number of Employees 6 - 9
Inventory 167000
Relocatable No
Number of Employees 6 - 9
Real Estate Leased
Training Seller will train.
Reason for Sale Retirement of owner due to medical condition.
Description An excellent opportunity to own a premier automotive aftermarket specialty products manufacturer and marketing company with over a 24 year track record servicing OE, SVO and retail accounts from a factory warehouse in Orange County.
Discretionary earnings expected to surge to $139,453 per year as a main floor mat component is now sourced locally at a significant savings adding about $7,333 monthly to the bottom line. In addition, as the current rebound in the auto market continues to expand, earnings from increasing sales will also grow to higher levels.
The factory custom designs and manufacturers floor mats and car covers to auto maker's specifications. The business is fully equipped with embroidery, silk-screening, cutting and sewing machinery. Perfect acquisition for a strategic buyer who wants to grow this business from within their existing business.
In addition, the owner developed a robust line of aftermarket products of which many are manufactured in China. Although the company has focused their attention on the OEM side of the market during the last two years, effective marketing materials including product brochures, pamphlets and sales materials are available for use to ramp-up the retail aftermarket sales. The owner is willing to work closely with the buyer to assure a smooth transition with OEM, wholesale and retail clients and vendors.
For more information, please contact Tom Plotkin directly at 310.882.2200 x127 for more details.
Click Here To Contact Seller
|
|
