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14 y/o Auto Accessory Mfg., Sales, & Install / Gross Rev $711K

Mansfield, TX (Tarrant County) (Relocatable)

Seller Financing Available
14 y/o Auto Accessory Mfg., Sales, & Install / Gross Rev $711K
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Asking Price: $725,000

Cash Flow: $225,000

Gross Revenue: $711,050

EBITDA: N/A

FF&E: $60,000

Inventory: $20,000

Rent: $2,000 /Month

Established: 2005

14 y/o Auto Accessory Mfg., Sales, & Install / Gross Rev $711K

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Business Description

14 y/o Auto Accessory Mfg., Sales, & Install / Gross Rev $711K

Automotive Industry Manufacturer – current owner will stay on as FT sales rep. Huge growth potential, with a proven, stable model.

This business is a great opportunity for someone who wants to come in and have instant cash flow with a loyal existing client base! This business caters to automotive dealers providing a specialty aftermarket product. With virtually no competition, the only thing needed for dramatic growth is sales. Current manufacturing capacity is around 30%, so more sales will have a huge impact on revenue and profit.

The current owner wants to devote 100% of her time to sales and relationship building (the core of the business). Some limited owner financing may be available.

The seller is looking for the RIGHT buyer. Someone with connections in the automotive business (preferably with dealerships) and experience utilizing the web to drive sales would be ideal. An ideal buyer would also have experience with B2B Sales and training.

This business has done well since forming in 2005 and survived the last recession with no issues.

Serious inquiries only.

Detailed Information

Location:
Mansfield, TX
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
3,500
Lease Expiration:
8/31/2020
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The manufacturing facility is approximately 3000ft2 and is run by shop manager, painter, and installer. The sales people all work remote. Owner/Operator can manage the business from anywhere. This is an owner-operated business and can be home based. The current employees run the shop like a well-oiled machine and need very little management.
Competition:
Competition is minimal to none!
Growth & Expansion:
Growth potential is HUGE by simply expanding into other major cities in Texas, Oklahoma, and Louisiana. This expansion would be very scalable and require minimal capital and employee investment. We cannot stress enough how real & simple the expansion can be…especially for someone with existing contacts in the automotive industry. Competition is minimal to none!
Financing:
Small amount of Seller Financing if needed
Support & Training:
The current owner will be staying on to put all efforts into sales, so support and training will be indefinite.
Reason for Selling:
Ready to move on to the next phase of life (without the stresses of ownership).
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(from currently available funds)
 
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Chris Glenn

Business Listed By:
Chris Glenn

MDR & Associates

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Sponsoring Broker:
Michael D. Rubin

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