Manufacturer of Automotive Aftermarket Leather Accessories

Financial Information

  • Asking Price: $249,000
  • Gross Revenue: $889,124
  • Cash Flow: $101,528
  • Down Payment: ON REQUEST
  • FF&E (Included): $42,850
  • Inventory: $116,510
  • Financing: Yes

Business Location

  • Alameda
  • Berkeley
  • California
Primary Business Category: Other Leather and Allied Product Manufacturing

The inventors and patent holders of the WHEELSKINS line of leather steering wheel covers and associated leather products and accessories for the automotive aftermarket, are offering their complete turnkey operation for sale. The company has an enviable history of annual sales for this widely-recognized brand. The company has done this without aggressive marketing or a significant ad budget. Included in the sale will be: patent, brand name, website, customer lists, design patterns, punch and roller presses, leather sewing, stitching and fabrication equipment, etc. So the on-going success can be maintained without "missing a beat". The order entry and production systems are so efficient that shipments are made for virtually all orders on the day received. INTERESTED POTENTIAL BUYERS MUST CONTACT THE BROKER. DO NOT CONTACT SELLER DIRECTLY.THE SELLER WILL NOT PROVIDE ANY ADDITIONAL INFORMATION UNTIL BUYER SIGNS BROKER'S CONFIDENTIALITY AGREEMENT.


Competition Description

Although there are a few other steering wheel cover producers in the country, the WHEELSKINS all-leather product is widely considered to be the premier brand in the automotive accessory aftermarket.


Growth / Expansion overview

The $3 billion US automobile aftermarket is projected to grow at a 3% rate over the next 5 years. A new owner of WHEELSKINS can take advantage of this growth with a more aggressive marketing and internet strategy. Updated website search engine optimization (SEO) could be very beneficial.


Support / Training Comments

The sellers will provide the necessary training and introductions so as to facilitate a smooth, profitable transition for the new owner.


Financing Comments

Seller will consider some financing for a qualified buyer


Reason For Sale
Retirement
  • Home Based: No
  • Year Established: 1977
  • Franchise: No
  • Year Acquired: 1977
  • Willing to Train: Yes
  • Relocatable: No
  • Required Licences: Business

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Fulltime Employees: 5
  • Part time Employees: N/A
  • Is Management Staying: No
  • Distressed: No
  • Monthly Payroll: $0
  • Building Size: 12,215 sq ft
  • Monthly Rent: ON REQUEST

Contact Business Broker

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Business Listed by

Sunbelt San Francisco #1

Contact: Jeff Weinstein
Office Phone: 510-523-0232
Mobile Phone: 510-414-3329
Listing ID: OAKLACA001-N254

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Disclaimer: No salesperson, field representative or other person has the authority to make a statement, promise or assurance concerning any matter related to the franchise that is contrary to, or different from, the information/terms contained in the Franchise Disclosure Document/Franchise Agreement. Any such statement, promise or assurance is unauthorized, unwarranted and unreliable. If you believe someone has made an unauthorized statement, promise or assurance to you, please contact Jessica Czekalinski, Esq. at 216-674-0645 ext. 619.