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For Sale: Exhaust Component Manufacturer - 31 Years - Northern , California

$3,250,000.00

Asking Price

  • Status: Active

  • Posting ID: 281624

  • 10/29/24

Northern  Exhaust Component Manufacturer - 31 Years Business For Sale

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:

  • 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 an NNN lease. The property is owned by the seller. The facility includes a showroom, office space, and a very spacious manufacturing space.
  • Financing: Yes
  • FFE (Included): $1,250,000
  • Inventory: $525,000

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.

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Contact

  1. Name: Adriana Sargent
  2. phone iconPhone: 408-981-7799 Call
  3. phone iconPhone: 408-981-7799 Text

Details

  1. Asking Price: $3,250,000.00

  2. Down: $3,250,000.00

  3. Cash Flow: $745,000.00

  4. Revenue:    $1,900,000.00

  1. Area: Northern

  2. City: None Given

  1. Attributes:

    Broker CooperationTraining & SupportOwner/Seller Financing

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Related Links & Information Regarding This Posting

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