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Businesses For Sale > Business For Sale in Denver, Iowa (IA)

Helical Gear Manufacturer

Denver, Iowa (IA)

Asking Price: Gross: Cash Flow:
$195,000 $43,908 $9,876

Inventory Value:
$100,000 (included in the asking price)

Business Summary:
Custom gear manufacturing business specializing in innovative power transmission components for Harley Davidson motorcycles. The business has two trademarks that are used to market the helical gear sets that will retrofit all HD motorcycles built after 1991. This is a relocatable business with an established customer base and room to grow! Operating profits can be increased by utilizing identified vendors that the current owner cannot use due to potential conflict of interest with another company that he provides engineering services to. There is tremendous potential to increase sales in this market, which is led by the aging baby boomers with money in their pocket and a cycle to ride. This is a perfect add-on for a company looking to acquire a unique product line to add to their existing manufacturing business. Three highly skilled engineers are willing to assist the new owner in utilizing this state-of-the-art gear technology in this application and other industrial applications world-wide.

 

   
Year Business was Established: 1985
   
Number of Employees: 4  
   
Facilities / Terms of Lease: The business is operated out of the owner’s home. Finished inventory is stored in their basement and shipped daily via UPS.  
   
Potential Growth/Expansion: With a strong marketing effort and new product development there is a lot of potential for increasing sales of existing products and tremendous potential in future products.  
   
Competition: There is one inferior gear set made in China. It is not even close to being comparable in quality or performance.  
   
Owner willing to finance: The owner prefers a structured sale over five years to reduce his tax liability. He is willing to provide 100% financing to a qualified buyer who can put down a significant down payment.  
   
Owner willing to train: Yes.  
   
Reason for selling: Owner’s family has a growing Christian music ministry and they want to devote more time to their music ministry. Owner plans to continue working for John Deere in designing power transmission components. He is willing to provide on-going consulting and  
   
This business is Home Based.  
   
Seller Reference Number: LG-91007
BusinessMart.com Listing Number: 37812
 

 

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For more info contact:

Paul Klinge, CBI, CBC

The Lincoln Group, Inc.
319-352-0132

CONTACT SELLER

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