Business Overview

This extremely cashflow positive 8-year old company is a Worldwide industry leader in mfg’g & production of OEM German Car engines Company has doubled revenues every year with annual sales of $2M in 2021 and nearly $300K in parts and inventory. Average adjusted net cashflow approx. $500K. Most of the seasoned team of 15 employees has been with the company over 2yrs. Owner and top managers also race competitively and hold current world records!!! Customers are automotive dealerships, regional repair shops and individual owners worldwide.
The company is in a very strong position to grow 50%+ annually due to steady demand for German autos and a dynamic world economy. There are also strong opportunities to develop new business profit centers as well. The business is only a few miles from major interstates and highway arteries and the low cost of living, minimal competition and existing skilled labor force make the location very attractive. The owner will provide extensive training and support during the transition, with managers staying 1yr or more under employment contract. The business is priced at $1.5 Million including $100K A/R and $300K inventory/parts. State-of-Art 80,000 sq ft facility is also avail for lease/purchase as well. Attractive 10% down SBA financing @ www.accessbizcapital.net ask for Gary!
Please call or email Jay Shrewder today for more information: 918-230-9813. This is an opportunity to own a proven business that is extremely profitable, recession proof and awesome FUN!

Financial

  • Asking Price: $1,500,000
  • Cash Flow: N/A
  • Gross Revenue: $2,000,000
  • EBITDA: $500,000
  • FF&E: $150,000
  • Inventory: $300,000
  • Inventory Included: Yes
  • Established: 2014

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:80,000
  • Lot Size:N/A
  • Total Number of Employees:15
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

State of art Automotive Mfg'g Campus consisting of 85000 sq ft in 5 bldgs

Is Support & Training Included:

Owner will stay on for 30 days transition OR under employment agreement

Purpose For Selling:

Pursuit of other business interests

Pros and Cons:

Established market share in min competitive space with 50% plus gross margins

Opportunities and Growth:

Huge growth op with other vehicle makes including Mercedes and VW/Audi

Additional Info

The business was started in 2014, making the business 8 years old.
The deal will include inventory valued at $300,000, which is included in the requested price.

The company has 15 employees and resides in a building with approx. square footage of 80,000 sq ft.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals decide to sell companies. Nevertheless, the genuine factor and the one they tell you might be 2 totally different things. As an example, they might claim "I have a lot of other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these might just be excuses to try to conceal the reality of changing demographics, increased competition, recent reduction in revenues, or a range of various other factors. This is why it is extremely crucial that you not depend completely on a seller's word, yet rather, make use of the vendor's response in conjunction with your total due diligence. This will paint a much more realistic picture of the business's existing scenario.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous businesses take out loans in order to cover points like inventory, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can mean that earnings margins are too tight. Numerous companies fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with vendors that must be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location bring in brand-new customers? Most times, companies have repeat consumers, which develop the core of their everyday revenues. Certain aspects such as new competitors growing up around the location, roadway building, and staff turn over can influence repeat consumers and adversely affect future profits. One essential point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Clearly, the more individuals that see the business often, the higher the possibility to develop a returning client base. A last thought is the basic area demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood mean house income impact future income potential?