Exhaust Component Manufacturer

NORTHERN CALIFORNIA EXHAUST COMPONENT MANUFACTURER - SC2139

Asking Price: $2,850,000
Cash Flow: $480,000
Gross Revenue: $1,980,000
Down Payment: $2,850,000
Financing: Yes

Business Location
City: Northern California
State: California

Financing Comments
Seller financing may be available for a portion of the purchase price. The amount and terms financed will be dependent on the offered price and quality of the Buyer.

Reason for Sale
The reason for selling is the Seller would like to pursue other interests.

Detailed information
Year Established: 1970
Home Based: No
Franchise: No
Relocatable: No
Lender Prequalified: No
SBA Prequalified: No
Full-Time Employees: 9
Part-Time Employees: N/A
Contractors: N/A
Owner Worked Hours/w: 30
Adjusted EBITDA: $410,000
Inventory Included: Yes
Inventory Value: $525,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value: $0
Building Size: 22000
FF&E Included?: Yes
FF&E Value: $1,250,000

Training/Support
The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

Facilities
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller. The facility includes a show room, office space and very spacious manufacturing space.

Market Outlook/Competition
Overall, industry experts felt that the marketplace remained strong, but they also acknowledged the challenges posed by COVID-related disruptions over the past year. The automotive aftermarket gained an estimated four million new customers during the 2020 pandemic year.

Real Estate Description
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller.

CA 02282967
NV B.1003039.LLC
NV BUSB.0007191