Classic Automotive Parts Manufacturer
Location: Oklahoma
The company is a manufacturer of classic automobile parts. All parts are designed, engineered, tooled, and manufactured in-house.
Key Aspects
· Ideally located to satisfy the growing demand for high-quality restoration and custom automobile parts
· Licensed to make GMC, Chevrolet, and Ford parts
· Operates as a GM Restoration Parts™ licensee
· SAME is certified to manufacture for the federal government, including the Department of Defense
· Holds many patents, trademarks, copyrights, and trade secrets
· Well-established, dedicated client base acquired through decades of operation
· Robust enterprise resource planning (ERP) system with full electronic data interchange (EDI) capabilities
Opportunities
· Expand product offerings to take advantage of the market for classic 80s and 90s automobile parts
· Bring tooling manufacturing back to the U.S., cornering the market on high-quality, U.S.-made tooling
· Increase operating capabilities by introducing additional shifts at the facility and hiring a night crew
· Initiate a marketing campaign to promote brand awareness in the United States and Canada
· Support aftermarkets and demand for repairs on existing vehicles as average vehicle age increases
Current Markets
· The company serves the automotive restoration and restyling markets throughout the U.S. and Canada. Parts are sold from an online store and through approximately 100 dealers and builders.
Real Estate
· The company operates from a 4.21-acre manufacturing and administrative campus, which is held by the company. Ownership expects that the property will be sold with the company but is open to leasing it post-sale.
Shareholder Objectives
· The sole owner is seeking a full or partial sale to facilitate the future growth of the company. Ownership is open to remaining with the company to assist with future growth or making an eventual full exit following a transition period. Ownership is open to various deal structures to facilitate a transaction
***Financials are YTD as of 10/31/23***
