Auto Aftermarket Parts Co. With Suite Of Products

Listing ID: 700328494

Listing Title: Auto Aftermarket Parts Co. With Suite Of Products

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Industry: Auto Related

Industry Segment: Auto Parts Retail and Distribution

Country: United States

State / Province: Illinois



Asking Price Range: $2.5M - $5.0M

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: EBITDA

Year Established: 2013

Number of Employees: 1 - 3

Business Description:
This business offers a suite of products for auto security. The core product for this company arose from a personal need for a simple but better solution to a design flaw on many vehicles. The product is patented. The target market for this product is over 100 million plus vehicles in the US alone. The owner has added complementary products to offer a suite of security solutions. The owner has grown sales nicely with some impressive accounts but realizes the business needs full time attention to bring it to the next level, even though this is not his main business. The owner has had success with direct sales and adding fleet customers. The core product is an authorized add-on for a major car manufacturer. Major customers include national car rental companies, dealerships, and distributors. The business has an aggressive trade show schedule booked for 2019. Sales for 2019 are projected to increase exponentially and cross the $2 million mark. A non-disclosure and proof of financial capability is required.

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