Business Summary:
Do you have a passion for cars? Do you love "pimping your rides?" This company distributes branded, custom wheels for auto enthusiasts nationwide. Wheels are manufactured in China to the highest standards of the US auto industry, and distributed from a warehouse in the San Fernando Valley. Solid profits and low customer concentration makes this an attractive opportunity for a strategic or financial buyer. Buyer currently in the business may benefit from substantial tax advantages which can be disclosed upon completion of a confidentiality agreement.
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| Year
Business was Established: 2001 |
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| Number of Employees:
3FT/2PT |
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| Facilities / Terms of Lease:
8100 sf includes mostly warehouse, plus office and showroom. Current lease is month-to-month, so business could easily be relocated if buyer desires. Landlord is also happy to keep business and will negotiate a long-term lease if desired. |
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| Potential
Growth/Expansion:
Marketing investment, trade show participation and expanding the sales staff are strategies a new owner could use to increase revenue and profitability. |
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| Owner
willing to finance:
25% for 1 year @ 8% |
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| Owner
willing to train:
Seller will train new owner for 4 weeks @ 40/hours/week. |
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| Reason for selling:
Owner has another business which he manages full time. |
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Seller Reference Number: KBB304
BusinessMart.com Listing Number: 45001 |
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