Primary Category:Auto, Boat & Aircraft Businesses for Sale
This Northern California Exhaust Component Manufacturer is a California S-Corporation that has been in business for the past 54 years and under current ownership for the last 31 years. They offer a complete line of exhaust components for Exhaust Fabricators, ranging from Mandrel Bends, CNC Header Flanges, Merge Collectors, Collector Flanges, Stainless Bellows, V-Band Clamps and Sealing Flanges, as well as Formed Collectors and Accessories. Many of their clients work in the high-performance car arena, such as the National Hot Rod Association (NHRA) and NASCAR.
Once considered one of the more backward-looking segments of the automotive aftermarket, the hot-rod and street-rod markets have changed radically over the past generation. No longer the exclusive province of ’30s through ’50s roadsters and sedans equipped with traditional running gear, today’s hot-rod market spans the automotive spectrum to include ’60s through ’80s muscle cars, pickups and utility vehicles sporting 21st-century technologies. In all, the market has grown into a global industry that constitutes a $1.26-billion market sector, according to the most recent survey from the SEMA’s Hot Rod Industry Alliance (HRIA).
Financial Information
$3,250,000
Asking Price
$745,000
Cash Flow
$1,900,000
Gross Revenue
$3,250,000
Down Payment
Yes
Financing
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:
$512,650
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.
CA 02100708
NV 1003039
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.
This Northern California engineering and manufacturing firm for performance aftermarket Audi parts. They also have another division that provides innovative...
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