Internationally Recognized Harley Motorcycle Parts & Paint Jobs
Location: Oregon > Lane County > Eugene
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $775,000
Gross Revenue: $584,398
Cash Flow: $246,084
Cash Flow Comments: Seller Discretionary Earnings
Inventory: $21,000 (Not Included in Asking Price)
FF&E: $250,000 (Included in Asking Price)
Seller Financing: Incredible seller financing! Seller is very confident of the business' ongoing success and will carry a $200k note with a 10-year amortization with a 6% interest rate.
Business Summary
This business is a high-profit manufacturer of Harley Davidson custom motorcycle parts and paint jobs, that has leveraged the power of the internet to establish a rapidly rising internationally recognized brand. The business is marketed in 100 countries and 50 languages via the internet with a web page that gets over 365,000 website hits per month. It offers the following key benefits to a buyer: Low risk because no one customer accounts for more than 1.8% of overall revenue; Low risk due to geographically diverse clients - the business isn t dependent on a local or regional economy; High profit margins as a result of a carefully developed brand; Strong past sales growth, with current unmet demand predicting continued strong growth; Best-In-Class Internet Marketing; Solid systems that ensure a positive customer experience; High-quality-of-life Eugene, Oregon location, but could be relocated or remotely managed, if desired; and Recently added products are gaining market awareness.
About the Business
Year Established: 2004
Employees: 7 full time -
Relocatable: Yes
Facilities: This business is operated from a well-maintained 4,800 sq ft manufacturing and full automotive paint facility complete with four painting booths and twin air compressors. All of the equipment is state-of-the-art enabling the business to consistently produce the highest quality workmanship. There is enough equipment and facility capacity that the business could likely be increased by 1,000% before needing significant new equipment or space.
Market Outlook and Competition: This business offers branded products and has an international client base (only 2% of its customers are local and it has done business in 30+ countries). It receives, on average, 170 web-based estimate requests per month for custom paint jobs, yet its goal is to limit its client base to 12-16 paint jobs per month. Sales to international clients will likely continue to increase as foreigners increasingly buy American due to the devalued dollar. This 4-year-old branded business should experience high growth for years to come. An acquirer who chooses to be more aggressive in following up on requests for estimates can likely achieve significant growth. Closing the sale on just 5% more of the requests for estimates would likely result in a 50% increase in business. Manufactured parts sales are on track to increase 58% from 2007 to 2008. Other products & services have recently been launched or are ready to be launched that will be discussed with qualified acquirers who submit a confidentiality agreement.
About the Sale
Management Training and Support: This business is highly systematized which will make it an easy one to learn. It has a strong operational staff in place - a buyer can focus on marketing, customer interaction, and administrative activities. Training will be provided.
Reason For Selling: Owner wants to pursue a professional sports career.

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Listing Tools
BizQuest ID:900778
Seller ID:1000005465
Business Listed By
Name:Eric Williams
Company:Codiligent LLC
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