Description
OFF-MARKET ‘Q2 2020
Custom High-End Auto Body Parts Fabrication & Website Business! –
Los Angeles, CA – (Los Angeles County)
Seller Financing Available!
Zip Code: 90025
- Asking Price: $150,000
- Cash Flow: $55,000
- Gross Revenue: $284,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Established: 1986
Business Description
Well-established fabrication business with an excellent reputation and incredible Website traffic oversees the custom manufacturing of replica body parts, like bumpers, wings, spoilers and alike for high end, primarily European sport cars.
The Business is highly scalable, particularly for a well-connected auto industry insider in tune with affluent aftermarket and customization customers.
It’s well positioned in a niche market between much larger companies that offer higher end, higher priced products and the current influx of lower quality, lower priced knockoffs. Smaller scale manufacturing allows faster turnaround time, better quality control and relationship-based customer service. Low inventory; Low overhead; large database of customers.
Company also offers a complimentary line of accessories, primarily drop-shipped from wholesalers with whom they have developed long term relationships.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
- Inventory: Included in asking price.
- Facilities: Portable – currently in temp. office space and an assumable storage unit.
- Competition: No comparable mid-market player like this one. It’s either super high end/big business or knockoff imports and this business slides into the middle niche perfectly servicing the clients
looking for quality at rational price points.
- Growth & Expansion: Lots of growth opportunities with in terms of eCommerce, the creation of original body part designs and developing an installation arm. Financing: If the price and deal structure is right.
- Support & Training: Four week for 20 hours a week.
- Reason for Selling: Seller operates other business in the industry that require more attention.
Bright Outlook:
The Seller believes that implementing the following factors will provide a high probability for continued success well into the future:
There is a huge opportunity to capitalize on the tremendous internet traffic to increase sales: Provide better, functioning and visible “cart” options to encourage online sales.
Add additional complementary products; Substantially increase marketing efforts and increase product lines.
Building relationships with shops known for quality work around the world;Hire talented technicians and offer installation services. Certified technicians also create additional avenues of revenue;Invest in the creation of new and engineered, in-house proprietary designed parts or replicate a larger inventory of parts.
Continue strong customer service – always be attentive to customers and communicate well. Be more consistent in email marketing; Improve, grow and expand social media efforts; Continue efforts to contact more local specialty shops.