Business Overview:
As a leader in manufacturing and modifying cylinder heads, intake manifolds and exhaust manifolds for car racing engines, this business is long-established with a proprietary branded product.
From high inflation, double digit interest rates of the 1980’s, 9/11, the banking crisis of 2007, and COVID pandemic, this company has weathered every economic down-turn over the past 40 years.
The primary customers are oval track car racers and engine builders. Secondary customers are drag racers, boat racers, and performance streetcar owners. The United States market accounts for most of the sales volume. Other markets are Canada, Australia, and Europe. This business has excellent owner earnings, a long-developed customer base, excellent brand reputation, up-to-date equipment, experienced employees, and ample growth opportunities.
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Property Features and Assets:
Leased premises in industrial park with ample production shop, office, and storage space, 16 feet ceilings, plenty of parking, and convenient access to major highways. Monthly rent is $4,100. Lease expires in 2024.
Market Competition and Expansion:
This company is about the "only game in town" as their competitive advantage uniqueness is something that no other company has. They have defined this category and remain the best, most innovative and visible company in this space.
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.
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