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Businesses For Sale > Business For Sale in Upper Midwest, Iowa (IA)
RV & Special Vehicle Manufacturing Company for sale in Upper Midwest, IA
Upper Midwest, Iowa (IA)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 7,850,000 |
$ 7,940,144 |
Undisclosed |
Furniture and Fixtures Value:
$ 1,371,400 (included in the asking price)
Inventory Value:
$ 3,548,600 (included in the asking price)
Real Estate:
$ 2,930,000 (included in the asking price)
Business Summary:
In business for over 40 years, this Recreational & Specialty Vehicle manufacturing company is a leader in its industry. The business has two distinct product lines, one caters to customers for recreational use, the other is providing custom products to a very unique niche across the country. Quality standards of operations, engineering, customization, and high expectations of quality, allow the product to stand in a class all their own. Due to the economy the last few years, business has experienced a downturn, but rebounding back nicely.
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| Year
Business was Established: 1969 |
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| Number of Employees:
38 FT |
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| Facilities / Terms of Lease:
With over 260K sq.ft. in the main building, and another 200K+ sq.ft. being partially used - the facility is more than adequate for the current business and the rebound back from the current economic climate. Additional lines could be added for greater diversification and maximizing the available real estate. The real estate is included in the sale. This community reflects the "heart beat" of rural Midwest living, with a strong and dedicated workforce. |
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| Potential
Growth/Expansion:
The product speaks for itself. With over 260K sq.ft. available in the corporate headquarters and another 200+ sq.ft. available in additional space partially utilized, a community reflecting great work ethic, room for addition product lines - the physical capacity for growth will depend on the operator and continued innovation. |
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| Competition:
This company has an array of aspects that set it apart from the competition. From customization of units, to each unit that leaves the production site undergoing a stringent test of durability as well as quality of ride. A testimony of quality lends this company to report less than 1% on warranty work, and has never experienced a class action lawsuit in over four decades of operation. |
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| Owner
willing to train:
Will train for 8 weeks @ no cost |
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| Reason for selling:
Seller is retiring |
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Seller Reference Number: 5401-7313
BusinessMart.com Listing Number: 109441 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Roger Murphy
Murphy Business & Financial Services
727-725-7090
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