Automotive Performance & Fabrication Business; All or Part

Cimarron Hills, CO (El Paso County)

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Asking Price: $400,000

Cash Flow: $171,423

Gross Revenue: $525,000

EBITDA: $171,423

FF&E: $398,350

Inventory: $73,358

Rent: $4,700 /Month

Established: 2003

Automotive Performance & Fabrication Business; All or Part

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Business Description

Automotive Performance Specializing in Dyno Tuning and Turbo Fab 15yr+

Well-established fabrication/performance business with an excellent reputation and industry dominate brand oversees the custom manufacturing of automotive performance parts and turbo kits. Company has grown predominantly debt free experiencing phenomenal growth year after year with no down-turn. Starting in 2003 in a 1500sqft facility with minimal tools it has grown into a massive 10,000sqft facility with an array of specialized equipment allowing for a local monopoly for performance related sales. Located in Colorado Springs, CO one of the fastest growing populations is projected to outgrow Denver by 2035. Home to FIVE separate military facilities provides a substantial amount of disposable income.

This business has two different divisions and can be purchase separate or together.

Fabrication and Turbo Systems: Specializes in fabrication and distribution of high end automotive turbo systems for a wide array of vehicles. A strong reputation of quality parts and exceptional after sales service, with national/international wholesale distributors. Sale includes inventory (both complete and raw), welders, jigs, CNC, tooling, intellectual property, logo, brand name, website, social media accounts, and supply chain. Additional sales generated from online web presence selling fabrication materials and supplies, along with related automotive components. Pending minimal staff replacement (marketing and fabricator/welder) could be relocated anywhere. Average $294K in (high margin) sales with additional $100K in related/attributed sales. - Asking $400K

In-house performance/dyno-tuning: Established in 2003 is the longest running performance shop of its kind in Southern Colorado. Also currently the ONLY AWD dynamometer in Southern CO - which is also the location of the highest sales Subaru dealership in the US. Shop performs routine maintenance, repairs, full engine builds, performance upgrades, and specializes in dyno-tuning. –10,000sqft facility is consistently full with builds/work. Sale includes AWD Dynamometer, 4 lifts, corner balancing scales, vast array of tools, multiple computers/laptops, 1000’s of proprietary tune files, warehouse shelving, vast array of engines/parts, furniture, vending machine, and lease on 10,000sqft facility w/3yrs term remaining currently at ½ market value. Gross $477K in 2018. Asking $400K

Will sell divisions separately ($400K/ea) or combine ($700K) Fabrication side gets the namesake and web presence, performance side gets the location. Currently being operated without significant owner presence for residual income, or could be operated without current structure for increased profits (+$42-50K). Priced to sell quickly as owner is moving into a new industry.

Attached Documents


Detailed Information

Location:
Cimarron Hills, CO
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
10,000
Lease Expiration:
3/1/2022
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Shop - Dynocom AWD Dyno w/dual eddy brake, 4x 2-post lifts, Tuning Software, Tuning files, PC's, Laptops, Phone System, Desks/Furniture, Waste Oil Heater, Vending Machine, Industrial Pallet Racking, 15hp Rotary Screw Compressor, 3P-Inverter, Workbenches, Snap-on Scanners, Tooling, too much to list, but have full break-down. Fab - Raw Materials, Completed Products, Necessary Jigs for 20+ Complete Kits + Additional Stand Alone Parts , 3xTig Welders, Plasma Cutter, 4x Welding Benches, CNC CAD Files, Proprietary Build Manifests, Supply Chains, Web Site...
Competition:
Shop- Current the shop has one of few dynamometers in Colorado Springs, and the ONLY AWD dyno. Known for tuning cars often shipped from all 48 states + Canada, plus tuner is flown across the US to tune and teach tuning. Fab - Very well known in the GM industry, with supporting dealers across the US, Japan, Bahrain, Saudia Arabia, Costa Rica, and Kuwait. Many of the turbo systems are the only available turbo system for that make/model creating a monopoly. Very competitively priced against other systems while still maintaining a large margin.
Growth & Expansion:
Currently both sides of the business have been growing steadily over the last 15yrs without a single year of down turn. As more vehicles come onto the market there are more possibilities for additional turbo systems, and as current models age and passed to 2nd owners we see increased sales (2nd/3rd owners more likely to modify). Currently the shop is often at capacity and full, with separation of fab from the business this would increase square footage for additional working bays.
Support & Training:
2-4 Weeks, More time is negotiable.
Reason for Selling:
Owner is heavily invested into another industry which requires more time.
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Business Listed By:
Ck Field

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