Industry Leader in Automotive Machinery

Houston, TX
Harris County


Asking Price: Annual Revenue:
$3,444,000 $1,318,516

Manufacturing: Machinery


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RE: Industry Leader in Automotive Machinery Broker: Steve Merritt

Quick Facts

Asking Price: $3,444,000
Annual Revenue: $1,318,516
Net Profit: Not Disclosed
Cash Flow: $467,203
Total Debt: Not Disclosed
FF&E: $170,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 10
BBN Listing #: 942944107
Broker Reference #: 76931-390609

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Business Overview:

Very rare opportunity to own one of the few players in the automotive specialty area of machining specialty parts on Large Diesel Engines. Owner is retiring but willing to train the right person to take over this legacy company.

The business was started by the family in 1976 in the Houston Area. It has since relocated to its present location where it has been for over 25 years. This area is transforming from Industrialized businesses to retail and residential mixed use properties. Over time, it would appear this business could take advantage of such trends and relocate to a more cost effective and suitable area. It is expected the area real estate will continue to increase in value making such a decision to relocate one that is both econcomical as well as financially benefial to the new owners.

The business operates within an industry that has very limited competition. On the surface, it would appear there are many competitors in the area and region; however, most are small players that do not have the capabilities of the few bigs in the industry, including this prospective business. Those businesses that do compete, generally do not offer the same level of quality on any scale.

The owner has kept the volume steady but there are clear paths to grow current and upstream segments. The related parts segment is also a clear opportunity.

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Property Features and Assets:

Real estate is available and must be purchased with the business. Property is 50K SF and property is valued at $2.5M.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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