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Sunbelt of Sacramento

Exhaust Component Manufacturer In Northern California For Sale

Northern California, California, US
Asking Price:
$3,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,900,000
Cash Flow:
$745,000

This Northern California Exhaust Component Manufacturer is a California S-Corporation that has been in business for the past 54 years and under current ownership for the last 31 years. They offer a complete line of exhaust components for Exhaust Fabricators, ranging from Mandrel Bends, CNC Header Flanges, Merge Collectors, Collector Flanges, Stainless Bellows, V-Band Clamps and Sealing Flanges, as well as Formed Collectors and Accessories. Many of their clients work in the high-performance car arena, such as the National Hot Rod Association (NHRA) and NASCAR.

Once considered one of the more backward-looking segments of the automotive aftermarket, the hot-rod and street-rod markets have changed radically over the past generation. No longer the exclusive province of ’30s through ’50s roadsters and sedans equipped with traditional running gear, today’s hot-rod market spans the automotive spectrum to include ’60s through ’80s muscle cars, pickups and utility vehicles sporting 21st-century technologies. In all, the market has grown into a global industry that constitutes a $1.26-billion market sector, according to the most recent survey from the SEMA’s Hot Rod Industry Alliance (HRIA).

Facilities:
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller. The facility includes a show room, office space and very spacious manufacturing space.
Real Estate Available: No
Real Estate Included: No
Real Estate Description:
This business operates out of approximately 22,000 square feet with a base rent of $17,200 per month on a NNN lease. The property is owned by the Seller.

Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Owner worked hours per week: 30
Is Going Concern: Yes
Market Competition: Overall, industry experts felt that the marketplace remained strong, but they also acknowledged the challenges posed by COVID-related disruptions over the past year. The automotive aftermarket gained an estimated four million new customers during the 2020 pandemic year.

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Property Information

Size in square feet:
22,000

Business Operation

Reasons for selling:

The reason for selling is the Seller would like to pursue other interests.

Employees:
Full Time: 9
Years established:
54

Other Information

Support & training:

The Seller is willing to train the new Owner for up to 4 weeks at 30 hours per week. Additional training from the Seller may be available at mutually agreed upon compensation from the Buyer to the Seller.

Financing available:

Downpayment Required: -------
Financing is available

Furniture / Fixtures value:
$1,250,000 - included in the asking price
Inventory / Stock value:
$525,000 - included in the asking price