|Motorcycle Parts Manufacturer & Distributor|
North CarolinaListing DetailsOffice ID: BIKE1
Listing Broker: Joe Vagnone
Listing Price: $250,000
Gross Revenue: $445,478
Cash Flow: $60,327
FF&E Included: Yes
Sales Structure: Asset Sale
Seller Financing: Yes
Financing/Terms:Seller will consider some financing for the right, qualified buyer.
Reason for Sale:Seller is retiring.
Training:Yes – Length of time is negotiable.
OperationsYear Established: 1999
Last Acquired: 2009
Form of Ownership: S Corp
Employees (full-time): 1
Business Hours: 8AM - 5PM Monday - Friday
Business Description:A manufacturer and distributer of motorcycle parts, this business specializes in American, custom and metric bikes. Founded in 1999 and acquired by the current owner in 2009, this business, under the leadership of the current owner, has become the leader in aftermarket accessories for the new line of American classic motorcycles, and continues to lead the field. This business offers a new owner the opportunity to own a business that combines a passion for motorcycles and the chance to grow a business that enjoys a high market demand for the products and service it provides.
Historical Summary:Business purchased in 2009 by current owner. Business was founded in 1999 in California, and relocated to North Carolina by current owner in February 2009.
Owner Qualifications:Organizational skills, sales, machine skills, ability to read CAD drawings, employee management, financial management, and great people & communication skills.
Competition:The main competitors for this company are the major bike manufacturers themselves, and this company competes on the basis of price and quality – all our products are Made in the USA!
Potential Growth:Because bikes are constantly changing (2018 bikes offer many changes), there is lots of opportunity to grow in this industry.
LocationType of Location: Commercial Center
Real Estate for Sale: Yes
Monthly Rent: $1,650
Square Footage: 2800
Facilities:Located in a commercial building within a business park, this company leases two units for a total of 2,800 SF.
Last Updated: Sep 10, 2018 / 1:48 PM
Financial Information Current as of: Jun 19, 2018 / 12:21 PM