Northern California Exhaust Component Manufacturer - SC2139

California

Seller Financing Available

listing image
Asking Price:$3,250,000
Gross Revenue:$1,900,000
Rent:$17,200/Month
FF&E:$1,250,000
Cash Flow:$745,000
Inventory:$525,000
EBITDA:$512,650
Established Year:1970
BUSINESS DESCRIPTION

Semi Absentee, Manufacturer of a Very Unique Market Share of Exhaust Components

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).


Detailed information

Year Established: 1970
Home-Based: No
Franchise: No
Relocatable: No
Required Licenses:
Is Property Leased: No
Real Estate Included: No
Real Estate Available: No
Real Estate Value: N/A
Part-time Employees: N/A
Full-time Employees: 9
Building Size: 22000 sq ft
Monthly Rent: $17,200
Facilities 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. The facility includes a show room, office space and very spacious manufacturing space.

CA 02100708
NV 1003039


DETAILED INFORMATION
Location
California
Inventory
Included in asking price
Real Estate
Leased
Building SF
22,000
Employees
9
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
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.
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.
Financing
Seller financing may be available for a portion of the purchase price. The amount and
Support & Training
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.
Reason for Selling
The reason for selling is the Seller would like to pursue other interests.
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Brett
Sargent
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Brett Sargent