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- RE: Vehicle Component/Accessory MFG (Outdoor Space)
- Contact: Kate Dare
Quick Facts
Asking Price: | $800,000 | |
Annual Revenue: | $1,600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $290,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 998636 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Patented Product - $500K Growth 2023 to 2024 - 24% Growth Last 3 Months
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The company has a patent-protected product line that has competitive edges over the other businesses serving its consumer marketplace in multiple areas. The company manufactures different sizes accommodating different makes, models, and sizes of vehicles. The patent protected product is customizable to unique owner specifications. A technology-forward company, the business has developed an app to help customers navigate customization. The patent has 13 years remaining. A secondary patent which could be a vehicle for enhanced revenue growth also has an equal length term of protection.
The business operates out in an 8200 square foot space that functions as office, manufacturing, warehouse, and assembly space. The current monthly rent is $12,500 per month. The space has been upgraded to scale to larger production and energy needs.
Current marketing involves targeting its consumer community online and through participation as an exhibitor in live events. There is also an opportunity to develop a wholesale channel to better penetrate outside of the Pacific Northwest. An auxiliary revenue stream involves the sale of accessories.
The business currently has 14 employees. Ownership fills two full-time positions and is responsible for engineering, research and development, sales and marketing management, and bookkeeping. Ownership is flexible on the length of retention post sale. Ownership would like to find a buyer who brings the knowledge, experience, and resources necessary to scale the company, so it can reach its full potential in the marketplace.
The seller will consider offers with earn-out, royalty, or retention of equity options.
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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