Opportunity for new owner to acquire an industry leading manufacturing company and reap the rewards of this finely tuned established business. The company has been in business 40+ years and is well-known and highly respected as the worldwide market leader in their sector. Its products are engineered, designed, and manufactured in-house, sold around the world through a network of distributors as well as directly from the company, and have a reputation for outstanding quality. There are no known competitors within the core group of products.
The company engineers, designs, manufactures, and assembles over 1,250 component parts used in various forms of motorsports as well as in automotive aftermarket applications. Manufacturing operations are machinery intensive with 20 CNC machines on the floor along with 30 manual and semi-automatic supporting machines. They maintain one of the largest websites in the industry, with extensive technical information and resources available to the reader.
Customer and vendor relationships are long term and solid. Customers include major motorsports teams, automotive design firms, individual race car constructors, and hobbyists. The company serves a non-cyclical, COVID proof niche market, and has no existing liabilities.
The business was founded by the current owner who has reached retirement age and desires a full sale for that purpose.
FF&E: $2,200,201
Inventory: $531,282
Established: 1978
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