Premier Brand of Motorsports Apparel poised for major expansion.
For Sale in CA
Financial & Assets Details
About the Business
For more than 30 years, this custom racing suit manufacturer has dominated every segment it has gone after. Until very recently, the company relied on its founder and local labor to make each of these suits. There was no subcontractor that could meet the company’s high standards.
That has changed. These racing suits are now manufactured off-shore to the company’s exceptional standards. And this change has significantly improved the bottom line
And dominate the business is an understatement! Nearly every champion in several sectors has worn this company’s suits. The brand name is well known and has an impeccable reputation. And an aggressive new owner may want to expand the offering to other products. The company has many celebrity endorsements. Its products have been used in a number of high profile Hollywood movies. Its products have been used on Good Morning America, the X-games, as well as commercials for high profile brands including Budweiser Super Bowl commercials.
And profits are exceptional! More than $180,000 in Sellers Discretionary Earnings on just $550,000 in sales! And with the new manufacturing relationship, profits would have been even better!
This business is absolutely relocatable and could be run from anywhere. And as a new line for an existing manufacturer or as an opportunity for someone experienced in scaling a business, this could be an amazing opportunity!
There are a few competitors in this highly specialized space. None of them have the history of champions wearing their product as this company has!
Support & Training
Two weeks training is included in the selling price.
Reason for Selling:
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