Established Racing Parts Company and Product For Sale

York, PA
Asking Price:$19,999
Gross Revenue:$50,000
Rent:$200/Month
FF&E:$2,500
Cash Flow:$20,000
Inventory:$5,000
EBITDA:$20,000
Established Year:2020
BUSINESS DESCRIPTION

Business is Selling at a Discount

812 Solutions manufactures and sells The Crash Pad, a seat insert that helps reduces the risk of spinal injury in a crash. The product has been sold to thousands of race car drivers throughout the United States and other parts of the world over the last 10 years. Military tested and proven to be the best material, the product is innovative, reliable, and cost-effective.

Crash Pad has two main sales channels - a wholesale network of dealers in various areas of the country and retail sales via a website to individual racers. The Crash Pad is sold mainly throughout dirt track racing. A new buyer could expand into other racing markets or even a new indsustry such as construction or truck driving with the effective use and research behind the product.

Seller is considering a move out of the area and will assist with transition for 6 months. There are over $7,500 in unfulfilled purchase orders ready for a new buyer. Please note: with current inventory levels, an invesment for inventory must be purchased. Further information and assistance will be provided for those interested in buying.


ATTACHED DOCUMENTS
812 Solutions Article.pdf.pdf Download

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
30/09/2024
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Business facilities/manufactruing processes only require about 800-1000 square feet such as a garage or basement. Business can be relocated to new location very easily. Business assets included are remaining inventory on hand (valued at about $5,000), equipment and tools needed to complete manufacturing (valued at about $2,500).
Competition
Crash Pad is the most economical purchase for the average racer. Price, performance, durability are the main factors that separate the product from the competition. Main competitors are pour-in-foam seats, which are very inconsistent . Other customizable seat inserts such as Sharp Advantage are 3-5x more expensive and travel is required to have it fitted to your seat.
Growth & Expansion
Serving mostly dirt track racers, this product is customizable for any race car seat. A potential buyer could reach other racing markets or outdoor/activity markets such as off-roading vehicles. Another idea with a much bigger market segment is using the material in the product and expanding into construction or truck driving. People in those industries experience the same discomfort and pain as a race car driver.
Support & Training
Support and training will be provided for free 6 months after purchase date
Reason for Selling
Considering moving out of the area, no longer interested in running operations
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Nicholas Anzalone
Nicholas Anzalone