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71371- Motorcycle Safety Equipment Manufacturer

For Sale in FL

Listing ID: 71371 | Broker Listing ID:

Financial & Assets Details

$975,000
$237,000
$60,000
Yes

About the Business

Yes
1999
4 FT
Yes

Business Description

Located near Orlando, FL, this OEM specializes in manufacturing a unique patent-pending computerized motorcyle stabilization system. The company operates from a 6,000-square foot facility, which it leases from a third party. Offering this product requires a facility with metal fabrication tools and equipment, and skilled workers to operate them. This listing is for the manufacturing side (70% of revenue) of a business which accounts for 90% of earnings. The maintenance services (30% of revenue) would be split off and held by the seller. In addition to the price, the owner is looking for a structured royalty buyout on the patent. The company has a proven track record, supported by nine years in business. With its innovative niche product, the company’s marketing efforts focus on targeting motorcycle riders nationally and internationally. Revenues have been steady and increasing slightly over the past five years. Last year, the company’s total revenue was $948,095 with an EBITDA of $189,000. This year the company is projecting total sales of $975,000 with $600,000 to $626,000 coming from sales alone. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Negotiable for the right buyer

Support & Training

The owner will be available for transition period up to 12 months.

Reason for Selling:

Approaching retirement

Listing ID: 71371

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