High Performance Engine Builder

Questions? Contact:

Ken McCaul

Phone: 312-212-8046

Ken@BrokerChicago.com

Please select one of the two links below to be directed to the appropriate form. You will need to complete this documentation to receive additional information regarding this opportunity.

Components of an Asset Purchase Agreement confidentiality.

The business has been serving the needs of the regional professional racers and amateur enthusiasts for over four decades. International demand for the products has pushed this business in the last several years to the global stage. These products and services can not be "off-shored" and benefit directly from a baby-boomer amateur enthusiast clientele with higher discretionary spending ability and fewer demands on their personal time.

The current owner is working less than one day per week in the business because of other personal and professional demands, and as a result there are no proactive sales or marketing initiatives. Although the employees are able to fully function and maintain the business in the owner's absence, the business would benefit tremendously from an on-site owner/operator. The employees would welcome the opportunity to improve the businesses performance and share in the financial rewards. The average employee’s tenure is 10+ years.

Gross Margin %

Revenues

Regional and global demand for these products and services has been growing for decades, but the industry has experienced a resurgence due in some measure to the higher discretionary purchasing power of the baby-boom generation. At first glance from someone outside of the industry, the market appears crowded. The fact is that this business plays a crucial supporting role to these businesses by private labeling custom engines for the region’s restoration businesses. New entrants could not hope to achieve the top of mind status this business enjoys. Although they specialize in 600 - 2,500HP auto and marine engines, the limited initiatives into expanding into diesel, light industrial and dealership warrantee work have been successful.

The business enjoys an over 6,000 s/f custom designed facility in a location that is ideally suited for the business from both a local and regional perspective. The owner believes the business has all the machinery and equipment needed to double production with only two additional employees. The owner of the property would be agreeable to allowing an expansion of the current building to up to double the current size if needed by the business.

Financial Information:

Asking Price: Under Contract

Cash Flow: Not Disclosed

Fixtures & Equipment:

Inventory:

Real Estate: Option to Purchase

Financing: The seller will consider financing options.

Reason for Sale: The owner is motivated by difficult personal circumstances unrelated to the business.

Support/Training: Reasonable training will be provided.