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Business for Sale Summary

Auto Parts Manufacturer - 23703

Business Type: mfg businesses,fabricated metal conditions,industrial & commercial machinery,measuring & analyzing instruments,primary metal industries,transportation equipment,misc. manufacturing/non-classifiable,special situations,best deals!,new to market,seller financing available
Owner Financing
Auto Parts Manufacturer
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Financial Information (non-confidential)

General Information
Asking Price $2,000,000 Down Payment $2,000,000
Gross Revenues $0 Lease Remaining Register Free to View
Owner’s Cash Flow $0 Number of FT Employees Register Free to View


$2,000,000 Down and Financing is available for qualified buyers.

Business Description

Niche Auto Parts Manufacturer. This company was started from scratch by the current owner 12 years ago. They operate out of a 10,000 sq. ft. facility on Long Island. The company has grown steadily over the past 10 years. In the past year they had gross sales of approx. $2,409,822.00 with a Net Income of approx. $374,164.00. The asking price includes the $374K in net income, approx. $300K in receivables, approx. $800K in current inventory,and approx. $500K in custom equipment. 70% of sales are domestic with 30% to central America and Canada. Recent growth has been fueled by a weak US economy and consumers keeping their vehicles longer. In addition, there has been a strong demand outside of the US. The current owner will readily admit that he has grown the business to a point where he is comfortable, but knows a larger company or industry savvy individual would be best suited to take it to the next level. That is exactly the type of buyer we are seeking. Candidates must also be financially qualified and able to provide Proof of Funds for at least $1.5 million in liquid funds to cover any downpayment, working capital, inventory, etc. If you fit the criteria, please call or email Mel Vaz today at 1-877-735-5224 or melvaz@vestedbb.com

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.