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- RE: Worldwide Distributor Of Electric Vehicles
- Contact: John Meyers
Quick Facts
| Asking Price: | $3,500,000 | |
| Annual Revenue: | $2,820,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $665,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 113426891 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Based in Illinois since 2005, this company distributes electric motors for conversions in cars, boats, racing vehicles, off-road vehicles, industrial equipment, etc.
They have 89 authorized dealers who can only purchase these electric motors, systems, and collaterals from this company.
In addition to their well-established dealer relationships, they have a long-term exclusive manufacturing contract with a tier-one electric motor & inverter manufacturer.
All brochures, user manuals, and technical manuals are copyrighted and solely used by their customers. - Their electric motor product names are well known in the industry and are trademarked to ensure exclusivity in the market.
2021 cash flow was roughly $665,000. — This is a turnkey, well-established business with massive potential as the EV market continues to grow.
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Property Features and Assets:
The facility includes a small leased office with leased warehouse space across the street.
Market Competition and Expansion:
The secondary electric motor market is very hot and expected to grow considerably in 2023. There is no competition since this business has an exclusive arrangement with the only Tier 1 manufacturer (located in Europe). Therefore, they are an exclusive distributor of secondary market EV motors and parts.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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