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MPerfromance Lubricants And Coolant Company

Location  Florida,United States
Asking Price Range  $250K - $500K
Gross Revenues  $160000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2004
Number of Employees  1 - 3
Inventory  25000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Two employees will support the business for 1 year with a limited salary.
Reason for Sale  Retirment, and lack of capital to expand business demographics.
Description  5 year old motor oil, coolant and additive business for sale, focused on powersports industry, that has major upside potential. Started in 2004 and has grown every month since. 2009 sales are above the 2008 sales even in tough economy. We have sign with the major distributor of the industry allowing the product to reach 14,000 plus dealers. We have 10 new products that are currently in development and need to be released. We have 200 independent dealers that still directly deal with us. We are extremely flexible and have an excellent reputation in customer service and product value. We have Sub-contracted distribution and manufacturing so everything has super low overhead. It is turn keys and only needs additional captial to expand the current business. We have decided to sell the company because my son wants to go to college and pursue another path. As for the companies products we have proven our claims to be the only oil manufacture that has the ability to reduce temps by 40-70 degrees in racing conditions. This also applies to industrial, and heavy fleet demographics . Both industry we have yet to expand into.
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