Posting Details

RV Camper And Van Conversion Manufacturer For Sale - Northern California

This business has been manufacturing Class B motorhomes since 1994, serving the entire United States. They saw a need in the marketplace for a well-built, reasonably-priced, pop-top camper van, and that's exactly what they deliver! They start with a full-size or mini van, then 'camperize' it to create the highest quality Class B RV conversion. They design every van with multi-use in mind, because they know that customers use their vans for a lot more than just camping.

They sell directly to the consumer, because eliminating the middleman saves a lot of money for the business and for the customer.

They convert virtually any kind of van, but particularly the Mercedes Metris, Sprinters, and Ford Transit, as well as full-size GM and Chrysler vans. There are many standard floor plans and packages, as well as infinite possibilities for custom configurations.

Sales are robust, with customers getting in line the company typically has a rolling 10-month sales backlog. Sales/gross revenue in 2016 were $745k. Completed sales/gross revenue for 2017 will be approximately $1.1 million, an increase of over 40%, and 2017 EBITDA/SDE will be approximately $300,000.

Upon discussion with the seller, a serious buyer will be provided all financial statements for the past several years, and, during due diligence, will have full access to all tax and bank records as well, as well as all data to verify actual EBITDA and Seller's Discretionary Earnings ('SDE').

The current owner (& founder) will be very open to negotiating a reasonable period for training and transition.

Facilities & Staffing: The current physical plant may be retained subject to negotiation with the landlord. Alternatively, it can be easily relocated in the general geographic area, maintaining the current work force. And, it can be easily relocated to another in-state or out-of-state location with a reasonable transition period to transfer skills from the current staff to replacement staff.

The Transaction: The nominal asking price for the business is $1,495,000 (approximately 5x 2017 SDE). The actual final price will be determined through negotiation and will depend significantly on the terms and the competitive market. This is for the entire business tangible assets: tools, tooling, fixtures, apparatus; intellectual property: website, trademark, logo, trade name, methods of operation, conversion plans, vendor/supplier resources, customer lists, etc.; sales backlog; good will. It does not include cash, accounts payable, or accounts receivable. Materials Inventory is extra at actual cost.

For a serious buyer with a cash offer, the seller will be open to reasonable negotiation of the asking price in return for an expedited transaction. Some seller financing may be available to a qualified buyer with sufficient collateral.

Note: All data on this business is provided by the Seller for information purposes only, and no representations are made by the Broker as to accuracy. The Broker has made NO independent verification of the data contained herein. The Broker represents the Seller and does NOT represent the Buyer. The Buyer is advised to perform independent due diligence and seek the advice of professionals prior to purchasing the Business.
The listing # 237445 RV Camper And Van Conversion Manufacturer - Northern California below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this RV Camper And Van Conversion Manufacturer in Northern California please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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