Catylist ID: #30113552
8001-13092 Motorcycle Accessory Manufacturer-Online Sales & Dist.
Undisclosed Address, Washington
Business Opportunity for Sale
|Catylist Listing ID:||30113552|
|Property Subtypes:||Auto Related|
|Building Size (RSF):||See Agent|
|Year Business Established:||2000|
|Gross Revenue:||$537,910 (Annual)|
|Cash Flow:||$113,147 (Annual)|
|Cash Flow Type:||Sellers Discretionary Earnings|
Overview / Comments
The Company is a motorcycle accessory business that manufactures and distributes a variety of products to the consumer. Products include tire inflators, tire gauges, tire changing and repair kits, protective gear for motorcycles, and other parts and tools which are protected by 4 patents and 3 trademarks; those patents and trademarks are included with the purchase.
The Company sells to the public at their retail showroom, but a majority of sales come through the Company’s website and through their Amazon outlet. The Company also has a series of more than 30 wholesale distributors in the US, Canada, Mexico, the UK, the EU, Australia, and the Far East. In January 2017 the Company launched a new website with state-of-the-art security and order processing functions.
Because the Owners ride adventure and dual-sport motorcycles, they’ve focused the Company’s product line on that style and demographic. Other segments such as touring, sport, cruiser, V-twin, etc. remain virtually untapped.
The Owners have enjoyed active involvement in the motorcycle community and have used the Company as their passport toward traveling the US and other countries. Wherever there are motorcycles there are legitimate business reasons to visit and develop new customers and promote the Company’s products.
|Industry Segment:||Auto Parts Retail and Distribution|
|Reason for Selling:||Owners currently operate this small business 4 days a week. They're nearing retirement age and decided it's time to simplify life and spend more time traveling and enjoying their hobbies. Even though this company is a "part-time" business and doesn't require full-time attention, they want to be free from Company obligations and pressures.|
|Value of Inventory Included ($):||$134,896|
|Value of Furniture, Fixtures, and Equipment ($):||$30,000|
|Real Estate Status:||Leased|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||The Company operates out of a 3600 sq. ft. retail storefront and warehouse which is open 4 days a week (Monday-Thursday), 6 hours a day. That schedule is flexible depending on riding weather. The Owners have purposely kept operating hours shorter than normal so that they might enjoy more time on the motorcycle. New owners could expand the hours of operation as desired.|
|Employee/Labor Description:||4 PT. Monday-Thursday 8am-4pm.|
|Mgmt/Training Support Description:||Will train for 4 weeks @ no cost.|
|Growth/Expansion Opportunities:||The Owners have purposely kept product sales at modest levels. They’ve focused on a small segment of the motorcycle community – the adventure dual sport market. Other segments such as touring, sport, cruiser, V-twin, etc. remain virtually untapped. The motorcycle market is easily able to support a dramatic increase in product sales for a motivated buyer who is willing to attend rallies or trade shows, and who wants to expand the Company’s current marketing program. The Owners intentionally limit marketing campaigns and do not normally sell at motorcycle rallies because that would increase sales, and that would impact their free time.|
Linn A. CraderMurphy Business & Financial Corporation
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