RV & Special Vehicle Manufacturing Company In Iowa For Sale

Business description

In business for over 40 years, this Recreational & Specialty Vehicle manufacturing company is a leader in its industry. The business has two distinct product lines, one caters to customers for recreational use, the other is providing custom products to a very unique niche across the country. Quality standards of operations, engineering, customization, and high expectations of quality, allow the product to stand in a class all their own. Due to the economy the last few years, business has experienced a downturn, but rebounding back nicely.

Property information

Real Estate:

Real Property Included

Location:

With over 260K sq.ft. in the main building, and another 200K+ sq.ft. being partially used - the facility is more than adequate for the current business and the rebound back from the current economic climate. Additional lines could be added for greater diversification and maximizing the available real estate. The real estate is included in the sale. This community reflects the "heart beat" of rural Midwest living, with a strong and dedicated workforce.

Size in square feet:

400,000

Other information

Expansion potential:

The product speaks for itself. With over 260K sq.ft. available in the corporate headquarters and another 200+ sq.ft. available in additional space partially utilized, a community reflecting great work ethic, room for addition product lines - the physical capacity for growth will depend on the operator and continued innovation.

Competition / Market:

This company has an array of aspects that set it apart from the competition. From customization of units, to each unit that leaves the production site undergoing a stringent test of durability as well as quality of ride. A testimony of quality lends this company to report less than 1% on warranty work, and has never experienced a class action lawsuit in over four decades of operation.

Support & training:

Will train for 8 weeks @ no cost

Reasons for selling:

Seller is retiring

Trading hours:

Mon-Fri 8am-5pm CST

Furniture / Fixtures value:

$1,371,400 (included in the asking price)

Inventory / Stock value:

$3,548,600 (included in the asking price)