PENDING - Engine Performance & Part Manufacturing

Listing Price: $7,999,999

Pending

Asking Price: $7,999,999
Cash Flow: N/A
Gross Revenue: $8,946,110
FF&E: $2,500,000
Inventory: $2,000,000
Rent: N/A
Established: 1980

Business Description

Engine Power House

High Volume Business with Real Estate (Three Buildings totaling 38,742 square feet)

This is a rare opportunity to own an all-in-one engine building, performance shop, and part manufacturing company. They have served consumers, motorsports teams, and corporate markets for over 40 years. GROSS SALES for 2023 were $8,946,110 (based on the income statement). The asking price includes the real estate, all business assets, and intellectual property.

Up-to-date precision machine shop with a wide range of capabilities.
High-performance engine building and testing equipment.
Strong and growing parts and service business with an updated e-commerce platform.

The owners are absent, and this company is entirely self-sufficient, compliments of the amazing team the ownership group has put in place. If you want to expand your existing business or change industries, this is your diamond in the rough!

Detailed Information

Location: Macomb County, MI

Inventory: Not included in asking price

Real Estate: Yes

Building SF: 38742

Employees: 33FTPT

Facilities: There are three buildings totaling 38,742 square feet. Each building has its purpose, which includes parts manufacturing, engine building, and performance upgrades. The property has room for expansion.

Competition: Although the industry has many competitors, this company has a distinct advantage in that it has been around for over 40 years & designs, manufactures & installs the parts in-house. This company also works with racing circuits to build & maintain engines.

Growth & Expansion: A new owner can open locations in different parts of the country. There are more opportunities in the manufacturing and selling of parts. More marketing can always help grow the business.

Financing: Cash, Conventional, or SBA

Support & Training: The owners will help transition for a negotiated period, but this company is run by its loyal and passionate team members. The current ownership group oversees the operation from a different state.

Reason for Selling: Other Business Interest