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Southern California

  • Listing Number: 130-21775

    Category: Wholesale

Asking Price $1,700,000
Gross Revenue $2,743,296
Total Adjusted Net Income $479,189
Equipment / Fixtures $105,000
Year Established 1960
General Location Southern California
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Here is a great opportunity to acquire a leading long-time supplier of vehicle parts for small off-road recreational vehicles. It is an occasion for a buyer with vehicle/auto part experience to leverage the company’s solid foundation and take it to the next level. For a knowledgeable absentee owner, this can be a turn-key business because the primary operational management team plans to remain to manage the company. Established for decades, this business has been an industry leader in manufacturing and supplying parts for small, off-road vehicles such as go-karts, minibikes, and ultralight aircraft. Their product-line lists thousands of SKUs, including a wide array of tires, axles, shock absorbers, sprockets, roller-chain, wheels, go-kart and minibike kits.

The Company wholesales its products across North America, directly to Dealers, Distributors, and OEMs, accounting for 93% of their sales; with 7% from retail sales. Located in Southern California, this business has a highly recognizable brand with a solid reputation for delivering quality products and excellent customer service.

While many of the Company’s proprietary products (produced with Company's tooling), are imported along with commodities like bearings and roller chain, other specialty items come from domestic suppliers, while signature products like axles, sprockets, and steering shafts are manufactured on site in the Company’s machine shop.

Inventory is not included in the asking price so a buyer will have to add the inventory cost to the business purchase cost. Email cecily.vaughn@fcbb.com for inquiries.

Gross Revenue
$2,743,296
Listed Price
$1,700,000
Total Income
$479,189
Base Rent
$20,829
Square Feet
16663
Total Rent
$20,829
Inventory
Not Included
Equipment / Fixtures
$105,000
Full-Time Employees
7
Training Period
thirty (30) days
Reason for Selling
Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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