Pr CONFI rofitable C IDENTIA Car Part AL BUSIN Re

CONFIIDENTIA
AL BUSIN
NESS PR
ROFILE
Prrofitable Car
C Part Re-Manu
ufacturer for Sale
Clien
nt #: L-N15388
Summary:
e-manufacture
er for sale has been
b
in busineess for over 23 years. It is a faamily owned
This profitaable car part re
business sp
pecializing in high
h volume, re
emanufactured
d car part. It seervices and rep
pairs (includingg welding) a nicche
car part for leading production engine remanufacturiing companies . It also providdes custom work for smaller cclients
in a varietyy of industries.
h a reputation for high qua lity work and eexcellent custo
omer service. Itts
The car part re-manufactturer for sale has
r
ng companies that
t
provide enngines for largge OEM supplieers. The compaany is
main clientts are engine remanufacturin
a contracte
ed supplier of the
t parts with clients located
d throughout tthe U.S.
h potential thatt a new ownerr could build on
n. The Seller beelieves that a n
new
The compaany for sale has great growth
owner cou
uld see significaant growth by adding
a
additio
onal machineryy and welding tto increase cap
pacity to handle the
increased customer
c
need
ds, adding a 2nd shift, and add
ding additiona l products to the high perforrmance part divvision.
The compaany’s main com
mpetition come
es from smaller shops that doo not have thee reputation an
nd cannot hand
dle
the large volume.
v
ely turn-key. This
T is a superb opportunity foor a synergisticc company or aas a stand-alon
ne
The compaany is complete
acquisition
n.
Reasson for the Salee: The Owner w
would like to ssemiretiree
M
Location: Midwest
0
Asking Pricce: $3,900,000
Inventory Included: No
A
$300,000
Inventory Amount:
The Seller will consider fiinancing a porttion of the
own payment.
sale with a substantial do
Financial Information:
w = $1,300,000
2015 Saless = $4,100,000 and Cash Flow
2014 Saless = $3,500,000 and Cash Flow
w = $1,100,000
*Cash Flow = net income + deprecia
ation + amortization + interest + officer’s
on-recurring expensees
direct & indirecct compensation + no
e Information::
Real Estate
The real esstate is owned by the Seller. The business
occupies a 10,000 square
e feet, free standing building
his is the main facility used
that was built in 1998. Th
olume repair work
w
including machining.
m
for high vo
Building 2 is an additionaal building with
h 3,500 square
d for welding. This
T was built
feet and is primarily used
uilding 3 is a ne
ewly built ware
ehouse that
in 2002. Bu
was complleted in 2014. It has a total of 3,200 square
e
feet. This is used for prod
duct storage. The
T land is
T real estate
e
approximaately 1.75 acress, zoned M-1. The
is valued at $500,000. Th
here is no recen
nt appraisal.
pment Information:
Equip
The eequipment is in
n good condition. A detailed list of
assetts to be includeed in the sale iis available upo
on
requ est.
Emplloyee Information:
Theree are ample paart time and fu
ull time employyees
that currently makee up one shift of production.. The
mplated increaasing
owneer of the businness has contem
prod uction with a ssecond shift to
o handle the
prod uction movingg forward. It is not anticipated that
mployee turno
over as a resultt of
theree will be any em
the ssale.
ning & Transitiion Informatio
on:
Train
To ennsure a smooth
h and seamless transition, th
he
Selle r is willing to train and transition the Purch
haser
for a mutually agreeeable time period immediately
wing closing.
follow
Important Notice:
N
Information
n is believed true, but is not verifiedd. No warranty is express nor is it im
mplied.
Indian
na Business Adviisors: 9333 N. Meridian
M
Street, SSuite 200, Indiannapolis, IN 462600