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Exclusive Worldwide Distributor Of Electric Vehicle Motors For Sale

Cook County, Illinois, US
Asking Price:
$3,500,000
Sales Revenue:
$2,820,000
Cash Flow:
$665,000

Based in Illinois for over 15 years, this company distributes electric motors for conversions in cars, boats, racing vehicles, off-road vehicles, industrial equipment, etc.

They have 89+ authorized dealers who can only purchase these electric motors, systems, and collaterals from this company.

In addition to their well-established dealer relationships, they have a long-term exclusive manufacturing contract with a tier-one electric motor & inverter manufacturer.

All brochures, user manuals, and technical manuals are copyrighted and solely used by their customers. - Their electric motor product names are well known in the industry and are trademarked to ensure exclusivity in the market.

2021 cash flow was roughly $665k. — This is a turnkey, well-established business with massive potential as the EV market continues to grow.

Property Information

Real Estate:

Lease

Premises Details:

The facility includes a small leased office with leased warehouse space across the street.

Business Operation

Expansion Potential:

A new owner can grow this business easily by advertising more. Currently, all of their business comes from word-of-mouth and referrals.

Competition / Market:

The secondary electric motor market is very hot and expected to grow considerably in 2023. There is no competition since this business has an exclusive arrangement with the only Tier 1 manufacturer (located in Europe). Therefore, they are an exclusive distributor of secondary market EV motors and parts.

Other Information

Support & training:

The owner will stay on for an agreed amount of time to ensure a smooth transition.