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Business Sales
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Individual Business Listing
Tire & Wheel Manufacturer Distributor
County: Los Angeles, CA
BusinessQuest ID: 19001
Contact: Ron Varner, (310) 200-5680
County: Los Angeles, CA
BusinessQuest ID: 19001
Contact: Ron Varner, (310) 200-5680
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Financial Summary
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General Information
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Price:
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$3,300,000 |
Financing:
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Yes | |
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Down Payment:
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$3,300,000 |
Year Established:
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2002 | |
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Sales:
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$10,600,000 |
# Employees:
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8 | |
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Cash Flow:
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$1,017,000 |
Facility Size:
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0 sq. ft. | |
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Inventory:
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$0 |
Training:
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2 weeks | |
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Inventory Included:
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No |
Reason for Sale:
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Retirement/Health | |
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FF&E:
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$100,000 | |||
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Monthly Lease:
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$0.00 | |||
| Business Summary Contact business broker for more information regarding this tire and wheel manufacturing and distribution business for sale located in Southern California. The business designs, develops and manufactures high quality specialty tires, tubes, and wheels for the power sports and recreational industries. The business specializes and has been an industry leader in products for golf cart, ATV, UTV, and motorcross applications. Customers include golf cart manufacturers and distributors of parts and accessories for off road and recreational vehicles. The business has an outstanding reputation for quality, service, and on time performance. Founded in 2002 by the current owners, the business has been very profitable from its inception. The business has registered trade names for some of their products. Products are produced to specification by contract manufacturers in Asia and shipped direct to customers. The business has recently eliminated its administrative office in Southern California and employees operate from their home. As a result, the business can be relocated to any geographic area. There currently are 11 employees, including 2 owners and 3 family members that are not required to operate the business. There are 3 sales personnel that are classed as Independent Contractors. FF&E includes all equipment, molds and intellectual property. The transaction includes all of the assets of the business with the exception of cash and accounts receivable. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this tire and wheel manufacturing and distribution business for sale located in Southern California. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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