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Parts Designer & Supplier for Niche Auto Restoration Market

IN (Relocatable)

Parts Designer & Supplier for Niche Auto Restoration Market
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Asking Price: $950,000

Cash Flow: $237,735

Gross Revenue: $2,120,691

EBITDA: N/A

FF&E: $400,000

Inventory: $109,604

Established: 2008

Parts Designer & Supplier for Niche Auto Restoration Market

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Business Description

Highly Recognized Parts Supplier

One of the most respected designers and providers of model-specific parts for the classic automobile restoration / restomod market in North America as well as internationally. Located in the Midwest, this is a highly successful 11-year old business with consistent growth and highly recognized in an industry that remains very strong.

Detailed Information

Inventory:
Included in asking price
Employees:
10 FT/2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
13,000 square feet in two buildings housing offices, custom restoration facility, warehouse and fulfillment operation. The Seller owns the property and will lease to Buyer / may consider selling the property in conjunction with the business.
Competition:
Limited competition in niche market.
Growth & Expansion:
As a major supplier in a niche market, the business has seen consistent annual growth over the last five years. The Seller anticipates this growth to continue and in addition sees additional opportunity by expanding their unique product designs to other automobile models.
Financing:
Lender pre-screened with $95k down.
Support & Training:
Will train for 4 weeks @ $0 cost. Through years of experience, the Company’s parts are designed for the most discriminating restoration enthusiast and considered the most innovative in the market.
Reason for Selling:
Retirement.
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Tom Feick

Business Listed By:
Tom Feick

Murphy Business & Financial Corporation

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Sponsoring Broker:
Jack Greenawalt

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