Profile: Manufacturer Of Motorized Scooters & Karts.
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Ad/Listing Information
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| Financial Information |
Detailed Information |
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| Asking Price: |
Call/Email |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$2,940,000 |
| Annual Adjusted Net: |
Call/Email |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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The Company Designs And Manufactures High Performance Electric- And Gasoline-Powered Scooters And Karts. The Demand For Low Cost Personal Transportation Products, Already A 1 Billion Global Market, Is Growing Rapidly Worldwide. Over One Million Units Are Sold Each Year In The U.S. Alone. The Company`s Award-Winning Product Line Is Well Positioned To Capture This Exploding Opportunity By Featuring High Quality, High-Performance Electric And Gasoline Scooters And Karts.
Established In 1985, The Company Grew To 30 Million In Sales By 2000. The Following Year, Offshore Market-Followers Destabilized The Market With Low Priced, Low Quality Products, Leading To A Steep Decline In The Company`s Revenues Through 2005. The Company Won An Injunction In 2004 And Opened A Modern, Fully Equipped 70,000 Square Foot Plant To Reduce Manufacturing Costs. 2006 Year-To-Date Sales Are Up 14% Through September, With Every Month Showing An Increase Over The Prior Year. New, Revolutionary Off-Road Scooters And Karts With An Innovative Patented Suspension Are Opening New Markets, And Additional New Products Are Scheduled For Introduction In The Next Few Months. Costs Have Been Reduced, Some Prices Have Recently Been Increased, And Competition Has Waned.
The Company Is In Need Of Professional Management Capable Of Implementing And Funding A Proactive Marketing Program. Outsourcing The Manufacture Of A Low Cost But High Quality Mass Market Product Line To Asia Using The Company`s Excellent Engineering Provides A Dramatic Opportunity To Further Lower Costs And Increase Sales.
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