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Business For Sale
CUSTOM ALLOY WHEEL MANUFACTURING & DISTRIBUTION
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Asking Price: |
$3,900,000
USD USA Dollars
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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Early Retirement. |
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Year Established:
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1986 |
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# of Employees:
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10 Full Time |
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Yearly Revenues:
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$3,300,000 |
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Yearly Cash Flow:
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$500,000 |
Business for Sale Overview:
Tremendous opportunity for an entrepreneur, acquisition, or investor. This turn-key company is the wholesale leader in the manufacturing, plating, distribution, and installation of its desirable custom alloy and alloy chrome wheels.
They specialize in premium, high-end automotive wheels and have an extensive, growing customer base of Range Rover, Jaguar, Lexus, Mercedes-Benz, Infinity, and Acura dealers. Car buyers in this upscale group are more likely to purchase or lease vehicles from dealers featuring these eye-catching chrome plated wheels. The company has a huge $500,000 inventory supporting an OEM chrome wheel exchange program. As a bonus, the company is now marketing an exclusive line of wheels designed and manufactured in-house, catering to their existing high-end automobile dealers and leasing customers. The company is one of the few in the United States providing all these services on a nationwide basis. For its larger volume local dealers in California, Arizona and Nevada, the company has a mobile installation fleet with special professional mounting and balancing facilities built right into the service trucks.
Additional revenues continue to grow with retail sales, Internet sales, and accessory sales such as wheel locks, lug bolt covers, and center caps. Other services provided include chrome wheel and tire packages, outright tire sales, repair and re-chrome services. Growth potential is huge with expansion of the new line of in-house designed and manufactured wheels, developing sales with a complementary distribution channel, or expanding the retail portion of the business. A Confidentiality Agreement and Buyer Disclosure Statement will need to be submitted before further information can be disclosed.
Property Features and Assets:
6,775 sq. ft. building.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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