Custom Electric Car Mfg + Sales. Huge Market
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Background
| BizEx ID: | BizEx1390-EM |
|---|---|
| General Location: | So Cal, CA |
| Category: |
Retail Manufacturing |
| Years in Business: | 13 |
| Under Present Owner: | 13 |
| Hours of Operation: | 8-5, M-F |
| Owner Hours: | Varies, Minimal |
| Training: | 8 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | Varies |
| Lease Options: | Seller owns Corp Office Bldg |
| Building Size: | 7,400. 3,300. 2,000. 1,500. |
| Employees: | 18 |
| Reason for Sale: | Retirement |
Financials
| Asking Price: | $5,600,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $5,500,000 |
| Discretionary Cash Flow: | $1,400,000 |
| FF&E: | $800,000 |
| Inventory Included? | Yes |
| Inventory: | $750,000 |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | 7,000. 3,500. 2,100. 1,550 |
| Financing: | Call |
| 2021 | 2020 | 2019 | |
|---|---|---|---|
| Gross Sales | $ 5,500,000 | $ 4,000,000 | $ 2,600,000 |
| Gross Profit | $ | $ | $ |
| Disc. Earnings | $ 1,300,000 | $ 900,000 | $ 508,000 |
