Worldwide Distributor of Electric Vehicles

Not Disclosed, IL
Cook County

Asking Price: Annual Revenue:
$3,500,000 $2,820,000

Wholesale/Distribution: Non-Durable Goods

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RE: Worldwide Distributor of Electric Vehicles Broker: 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

Email or Print Listing

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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.
  • 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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