Business
Summery
This is 30+ years old manufacturers automotive aftermarket
parts, which are distributed to wholesalers throughout the US, Canada, and the
Caribbean. The company manufactures a diverse proprietary product line
with no customer concentration issues. the products are sold to car and truck enthusiasts
as well as fleet managers of heavy duty trucks, Eastern state location. Approximately
100 None Union employees.
Growth :
The company believes that the right buyer could expand their
current distribution network. The company recently acquired new proprietary
products lines and has not yet fully developed their potential. Add
some offshore production possible. Management also believes that new product lines could further penetrate their
current costumers base.
Seller's Objectives: The
Seller wish to exist the company, but will stay on with new owner to
secure smooth transition for reasonable period.
Suggested Selling
Price: $ 4.5M ( which includes total
assets:$ 2.7M +/-.Liabilities and Stockholders Equity Total Current
Liabilities $640. Long-Term Liabilities $818. Stockholder’s Equity $1,186.
Total Liabilities and Stockholder’s Equity $2.6M
Down payment :
15%-20%
own cash + loan. Seller will carry back 25% of the note." with qualified
buyers".
Management Training
& Support: Planned owner divesture leading to retirement in few
years. the well trained and loyal staffs will stay with the company,
Buyer pay fee:
We
will charge Buyer's a fee of 3 %( three percent ) for our service.
Buyer application :
request
from Seller. Buyer( s )please provide us an updated (not older then one month
old ), Authentic/verifiable Proof of funds on down payment and brief
background of Buyer( s ), to present to Seller for review and approval prior for
meeting.
Disclaimer:
All the information
regarding this Business /Property /Product for sale is provided by the Seller or /and its
reliable Associate, and is not verified in any way by U.S. Business Brokers.
Brokers and it Associates have no knowledge of the accuracy of said information and made no
warranty express or implied as to the accuracy of such information. It subject to change of price/ terms or
withdrawal from the market without prior notice.
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U.S.Business
Brokers
2540 Huntington Dr, suite #
109, San Marino, CA 91108
Office : 01-626-285-5653. Fax: 01-626-285-5612 . or Mobile/Cell : 01- 626- 416-8826.
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