Status: Active
Posting ID: 277110
2/2/23
$749,000
Asking Price
Description
This Northern California BMW motorcycle accessory business is a California Sub-Chapter S-Corporation and has been in operation for the past 37 years under the same ownership. This company designs and manufactures a complete range of aftermarket products for BMW Motorcycles, including items such as highway pegs, engine guards and rear-guard bar systems, driver and passenger floorboards, brake and shift extensions,s and side stand feet just to name a few. The products are designed and manufactured in the USA and utilize 6061 billet aluminum and 303 stainless steel metals, heavy wall steel tubing, and custom-molded polyurethane. All parts are CNC machined and anodized or powder coated for years of trouble-free service.
This company has had thousands of satisfied customers for their superior accessories worthy of the most discriminating riders of the finest motorcycles in the world. This business is unique in its approach to American-style riding habits on BMW motorcycles. Because of the long distances involved in North American riding, ergonomic comfort is of paramount importance. They design and manufacture all of their product lines. Their products cater to American preferences for a more relaxed and upright seating position. Their engine protection bar systems not only mitigate damage in the event of a drop, but they also provide a sturdy foundation on which to mount their unique design highway pegs.
Market Outlook/Competition:
This business currently advertises via the internet and is advertising in BMW Motorcycle Specialist Magazines. They can greatly expand through enhanced marketing, including social media and website improvements. Also, they did one-time work on different types of motorcycles, namely Harley Davidson. This can be brought back as they have the capabilities to provide aftermarket parts for many types of motorcycles. Also, expansion can be had by working to get contracts directly with the California Highway Patrol (CHP), which is standardized on BMW motorcycles, as well as many other highway patrols across the country. Not only growing by crossing over to other brands but expanding internationally into Europe and into the new GS, F, and G-Model BMW lines. There is competition in the market, but they only overlap 25% of the products this company provides. They are the leader in the depth and breadth of products they provide to the BMW motorcycle market.
Support & Training:
The Seller is willing to provide training at 30 hours per week for 4 weeks for the new Owner. Additional training can be made available at a mutually agreed-upon cost to the new Owner
Reason for Selling:
The seller would like to retire.
Year Established: 1985
Home-Based: No
Franchise: No
Relocatable: Yes
Required Licenses:
Is Property Leased: Yes
Real Estate Included: No
Real Estate Available: N/A
Real Estate Value: N/A
Part-time Employees: 1
Full-time Employees: 5
Building Size: 7,500 sq ft
Monthly Rent: $5,400
Financial Information:
Asking Price: $749,000 Cash Flow: $250,000
Gross Revenue: $1,200,000 Down Payment: $749,000
Financing: No FFE (Included): $500,000 Inventory: $55,000
Broker: ProEquity Asset Management Corporation License ID: 01870526
To get more information about this After Market BMW Motorcycle Accessory Company business for sale in Nevada County please phone Adriana Sargent (Intermediary - BRE License #:02103897) at 408-981-7799 Call and 408-981-7799 Text - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #277110 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this After Market BMW Motorcycle Accessory Company, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.
Contact
Details
Asking Price: $749,000
Down: $749,000
Cash Flow: $250,000
Revenue: $1,200,000
Area: Nevada County
City: None Given
Attributes:
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