Northern California Exhaust Component Manufacturer - SC2139

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Northern California Exhaust Component Manufacturer - SC2139

Listed by Business Broker
Northern California Exhaust Component Manufacturer - SC2139

Asking price $3,790,000


Cash Flow: $735,000

Gross Revenue: $2,300,000

EBIT DA: No Data

FF&E: $1,250,000

Inventory: $525,000

Established: 1970

Type: Independent

Business listed by:
Brett Sargent
Sunbelt Business Brokerage of Sacramento
(916)8002090


Business 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 ’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 Description
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.
 

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 a NNN lease. The property is owned by the Seller. The facility includes a show room, office space and very spacious manufacturing space.

Broker: ProEquity Asset Management Corporation License ID: 01870526


Selling Reason:

The reason for selling is the Seller would like to pursue other interests.

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