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Automotive High - Performance Muffler Manufacturer

Location  Michigan,United States
Asking Price Range  $250K - $500K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1991
Number of Employees  1 - 3
Inventory  275000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Retiring.
Description  Retiring owner of manufacture of PERFORMANCE MUFFLERS, CATback systems and Exhaust components for the AUTOMOTIVE PERFORMANCE AFTER MARKET. The sale price of $395k (negotiable),,(was $495k) includes assets of over $275k plus a backlog of orders worth $150k which adds more value to the assets. We have a Excellent Brand name reputation in the industry, with Product REGISTERED TRADEMARKS. Our Mufflers are mfg'd with aluminum and engineered using new technology and designs. We are the only company that mfg's a TUNABLE MUFFLER. We mfg. two styles of CATback systems (A) Tunable system, (B) Side Exhaust system,a ''PATENTED''system for the niche CORVETTE market. Our mufflers are Universal and can be installed on most cars and trucks using flanges and components we mfg.,and also for custom in the field fabricated jobs for Pick-up trucks, Suv's, Sport Compact and Street Rod's (hot rod). Our components can be further developed into cat back systems for the Pick-up's, Suv's and Sport Compact vehicles. Our products are sold direct to the consumer, dealers, wholesalers and specialized catalog distributors via mail, telephone and internet orders. Company has room to grow as the performance industry is growing at 5-7% annually. We are a ''S'' corporation with gross margins in excess of 42% and a member of SEMA. Business can easily be relocated to anyplace although not necessary. RETIRING OWNER will stay for up to 6 to 18 months if buyer desires. Will sell the company with low down payment of $125k and balance spread over 5-7 years or lease the company with option to buy in the future.'' Would consider partnership for 2-3 years.'' Interested parties must sign a non-disclosure agreement before in -depth talks are initiated. Please email or CALL J. Marko at 616-402-3877 for a quick CONVERSATION with your phone number and the best time to call you for a short Phone Conversation.
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