Very Profitable Vehicle Manufacturing Business in NJ SOLD for 5.2X ADJUSTED EBITDA

Price: $5,500,000

Location: North New Jersey

Industry: Automotive and ATV Manufacturing

Listing ID: BAE201507


Listing Description

Recently Sold Businesses

Business Description

This extraordinarily innovative recreational vehicle manufacturer boasts a unique market changing patented concept that provides it explosive growth potential. The concept is ideal for the entrepreneurial investor who has the capital required to implement a large scale conversion facility. Once this facility is complete, the firm can quickly and effectively roll their already proven concept out across the globe.

This $5.5 million sale includes hard assets valued at $3.5 ml. as well as the patent that allows for this firm’s unique market position and sustainable competitive advantage.

 

The hard assets include a completed vehicle fleet, some of which are on long-term contracts, so they are proven as well as support equipment. The patent, with nearly 10 years remaining on its useful life, is included in the sale.

 

Business Operation

Expansion potential:

New operators will wish to expand upon the proven concept via the addition of more units that are available for lease or purchase. Once a conversion facility is established, significant economies of scale in production lead time and costs will be achieved, which will allow the firm to cater to a much wider audience at reduced price points. With the right capitalized operators, this firm could change the recreational vehicle market landscape in a matter of months, rather than years.

Competition / Market:

While competition exists at varying levels, no competing firm boast the unique market position this firm does due to the patented technology that significantly separates it from any would-be competition.

Reasons for selling:

Other business ventures

Years established:

1999

 

Listing Details

Total Sales: $1,783,622

Cash Flow: $502,587

Training & Support:

Yes 60 Days Full Training- Seller will stay on as a paid consultant after that.

Operation

Year Established: 1999

Owner Hours Per Week: 40

Employees: 9

Managers: 2

Location

Relocatable?: Yes