Custom Performance Wheel Manufacturer (Southern California)

CA (Relocatable)

Custom Performance Wheel Manufacturer (Southern California)

Asking Price:$1,100,000

Cash Flow:$370,000

Gross Revenue:$1,100,000

EBITDA:$347,000

FF&E:$243,700

Inventory:$107,500

Established:1985

Custom Performance Wheel Manufacturer (Southern California)

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Business Description

Proven leader in custom drag racing wheels

Manufacturer of custom drag race wheels and beadlocks with an exemplary 30+ year reputation for quality and customer service for sale due to owner’s retirement.

Business has unlimited potential for growth in a variety of markets, including drag racing, hot rod/show car, and off road customs. This would be a business best suited as an addition to an existing wheel manufacturer with an interest in expanding into the drag racing, custom wheel, or beadlock market.

Fully functioning business including but not limited to machines, inventory, CNC programs, web site domain and design, custom mobile phone app, customer list, vendor contacts, all safety testing and certifications, registered trademark, and all branding is included in the sale.

Under current output, the business is operating at a 10-12 week backorder.

Further financial and business details available at request of any qualified buyer.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Machine shop, welding, inventory, shipping and office all fit in one 4600 sq ft space. Owner will be keeping the building it is currently housed in for personal projects, so the business will require relocation. Due to the 100% mail order nature of the business, relocation would be nearly seamless.
Competition:
A strong reputation, exceptionally priced product, and a unique approach to the manufacture of the wheels gives this business an edge in a market with high barriers to entry.
Growth & Expansion:
Unlimited growth potential. Current owner is burned out from 30 years in the drag race wheel/beadlock industry and working at a lower capacity than in years past. With nearly zero marketing, the company has gross sales over 1M, with owner profit 370K per year. With proper marketing and a motivated new owner, the opportunity for growth is wide open.
Support & Training:
Negotiable.
Reason for Selling:
Owner wishes to retire

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Business Listed By:
Wheel Co

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