MergerPlace

Mfg. - Electronic Parts-Auto,

Ohio


  • Asking Price: $4,250,000
  • Gross Income: $2,634,551
  • Cash Flow: $564,758
  • Real Estate: Not Disclosed
  • Inventory: $220,207
  • FF&E: $247,402
  • Listing ID: #222364
  • Established: 2008
  • Employees: 20 FT / 4 PT

Business Description

This Company is an industry leader, manufacturing LED lighting and microprocessor-controlled LED products, which are first-class, energy-saving devices for the automotive electronic, marine, and recreational vehicle markets. The Company has a wide range of best-selling automotive electronics, accessories, and digital gauges sold and distributed internationally. The company's products are manufactured in the USA using top-quality materials and specialized equipment.


Business Details

Primary Business Category: Manufacturing - Miscellaneous Manufacturing
Location: Ohio

Company Information

Year Established: 2008
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 20 FT / 4 PT

Financial Information

Asking Price: $4,250,000
Gross Revenue: $2,634,551
Cash Flow: $564,758
FF&E: $247,402
Inventory: $220,207
Seller Financing Available: No

Property Information

Facilities:

The acquirer will be free to relocate the business to his desired building and location since the Owner will be utilizing the current building for his new business venture.

Growth & expansion opportunities:

The Company has tremendous growth potential through product development that has not been introduced to the market due to order backlogs and new business ventures.

Competition:

This is a good opportunity for entrepreneurial pursuit to grow and expand market base. There is a steep "barrier to entry" for this Made In USA particular business, due to high upfront engineering costs, software development expenses, robotic assembly equipment needed, not to mention very large OEM accounts are very extremely difficult to “get your foot in the door”. Competitors range in size from $10,000,000 to well over $100,000,000 a year in annual revenues. Competitor examples are Xantrex, Faria/Beede Instruments, VDO, Holley, and WFCO.

Reason for selling:

The Owner has a new business venture he is in the process of launching and does not have the time to focus his energies on this business.

Support & Training:

Will train for 4 weeks @ no cost A leading electronics design and manufacturer of electronics such as energy management systems, automotive, RV, and marine electronics, custom-designed LED products, microprocessor-controlled LED instrumentation, and custom private labeled electronics. As an industry leader in the automotive aftermarket, the company designs LED digital and analog gauges, off-road LED lighting, electronic switches, performance products including high performance ignition systems. Products are sold internationally through a network of large automotive distributors as well as retail channels. The Corporation also serves several very large OEM customers and has a large private label design and manufacturing program.

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Business Listed By:

Michael Carrozza

Murphy Business Brokers