$3,250,000.00
Asking Price
Status: Active
Posting ID: 281624
10/29/24
Description
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 the '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).
Market Outlook/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.
Seller Financing:
Seller financing may be available for a portion of the purchase price. The amount and terms financed will be dependent on the offered price and quality of the Buyer.
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.
Detailed information:
CA 02100708
NV 1003039
To get more information about this Exhaust Component Manufacturer - 31 Years business for sale in Northern please phone Adriana Sargent (Intermediary - BRE License #:02100708) 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 #281624 on BizBen.com. In addition to phoning Adriana Sargent, make sure you email Adriana Sargent above to get more info about this Exhaust Component Manufacturer - 31 Years, to ask any questions or request an appointment to see this business for sale. Thank you. License # 02100708. Sunbelt Business Brokers of Sacramento.
Contact
Details
Asking Price: $3,250,000.00
Down: $3,250,000.00
Cash Flow: $745,000.00
Revenue: $1,900,000.00
Area: Northern
City: None Given
Attributes:
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