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Automotive Tier 1 Supplier Positioned to "Pass the Baton"

Wayne County, MI

Seller Financing Available
Automotive Tier 1 Supplier Positioned to
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Asking Price: $1,700,000

Cash Flow: $100,000

Gross Revenue: $1,500,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: $675,000*

Established: 1982

*not included in asking price.

Automotive Tier 1 Supplier Positioned to "Pass the Baton"

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Business Description

ARE YOU AN INVENTOR IN AUTOMOTIVE, AUTONOMOUS, AND BATTERY TECHNOLOGIES?

DO YOU HAVE IDEAS AND TECHNOLOGIES READY TO BE ON “FAST-TRACK” TO PROTOTYPE AND PRODUCTION?

Are you thinking Big Time? Ever consider becoming that Tier 1 Supplier?
Tier 1 supplier, with a stellar reputation to Big 3 consist of 2 divisions. One division includes machine Tool & Die and Prototype, and the other division is Engineering and Technology and commerce to Big 3 OEM.

Advantage to this business purchase or acquisition is direct access to Big 3 OEM to be direct supplier of advance and future products and technologies in research and development.

The seller is positioned to “Pass the Baton” to interested energetic automotive companies, or an Engineer Business professional to carry on the powerful legacy that will last generations. Now is the opportunity to take this business and technology to the next level with its targeted products and services.
Both divisions are offered in as a single entity, or as separate acquisitions.

Seller financing is available. In addition to seller financing, the seller is willing to remain on board for a specified period of time to facilitate a smooth transition of business and ensure Tier 1 supplier to OEM commerce.

Asking price: $2.5M

Building, Machines and Office Assets: $800,0000

Engineering and Technology Division: $1.7M

Detailed Information

Location:
Wayne County, MI
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
10
Facilities:
Established in 1982. Automotive Tier 1 Supplier.
Competition:
This Tier 1 Supplier is a leader in its field of operations. Competition can be discussed with serious interested buyers only.
Growth & Expansion:
Potential growth exists with the right person or company with the energy to establish a business development position and a sales manager positions.
Financing:
850000.00
Support & Training:
52 weeks
Reason for Selling:
Ready to Pass the Baton to the Next Generation
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Timothy Rice

Business Listed By:
Timothy Rice

Transworld Business Advisors of Romulus

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