Niche Auto Parts Manufacturer For Sale

Business description

Niche manufacturer of patented high performance braking systems including Calipers, Rotors and pads. The company produces revolutionary new calipers which are 6 times more rigid than any other competitor in the market. The use of innovative designs and technology enable the manufacturer to produce high performance braking systems for Race cars, sports cars and high performance trucks that are second to none in the industry. These high end products also command high end prices. These brakes are adaptable to virtually any application including Trucks and SUVs and passenger cars. Assets included in the sales are 2 US patents, material inventory of $250K, Furniture, Fixtures & Equipment of $80K. Although Seller is planning to retire, he is open to staying on with the new owner for a couple of years before going into full retirement. These products have been approved for NASCAR but has yet to break into the tight network, However the product is popular with Ambulances, Drag Racing, Monster Trucks and specialty automobiles. The company is primed to go places and the sky is the limit. Ideal buyers will include brake manufacturer who desire to grow by upgrading their product lines and entrepreneurs with passion in the automotive component and automotive industry in general.

Property information

Location:

Southern California

Other information

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will finance $200K at 7% per annum for 5 years

Furniture / Fixtures value:

$80,834 (included in the asking price)

Inventory / Stock value:

$450,000 (included in the asking price)