Business for Sale Overview:
Light manufacturing business specializing in rebuilt torque converters. They sell the rebuilt units to automotive supply distributors, transmission repair shops and general auto repair shops. Their customers are in Illinois, Iowa, Missouri, Wisconsin and Indiana. The company has perfected the process so that their returns are less than 1 percent. Support/Training: Selling is willing to assist buyer for 30 days at no cost. Additional support via telephone or occasional on-site visit.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Facilities: The business leases a nice 9,000 square foot building in Quincy's industrial park. The office is about 1,000 sq. ft. and the production area about 8,000 sq. ft. Two loading docks, one floor level entry. $16,000 per month. Lease expires in June 2009. RELOCATABLE. Included in the Asking Price:
Furniture, Fixtures & Equipment: $105,650
Inventory: $55,000
Market Competition and Expansion:
Competition: Business has maintained steady revenues of 400,000+ per year. Market is predicted to be good the next few years with more people keeping their cars longer rather than buying new vehicles. Transmission repair business is expected to rise significantly.
Growth and Expansion: There is plenty of room for expansion at the current location. The business can also be relocated, and would be a nice add-on for an existing metal fabrication business looking to expand with a niche product.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.