Gross Revenue: $7,000,000

Gross Revenue Comments: 2008 projection, 2007 was $6.6 million

Cash Flow: $1,225,000

Cash Flow Comments: 2008 projection, 2007 was $1.12 million

Inventory: $650,000 (Not Included in Asking Price)

FF&E: $650,000 (Included in Asking Price)

This is a rare opportunity to acquire a majority share of the leading Manufacturer & Marketer of Aftermarket Accessories for ATV’s (All Terrain Vehicles) in the United States. The Company also has worldwide distribution.

These aren’t bolt on goodies – The parts this company makes are essential accessories that either protect or enhance the safety of the vehicle and rider. The owner’s “hands-on” racing experience and input from other riders and OEM’s has driven product development and innovation.
The company has built it’s own major brand, and counts the top tier OEM’s as clients – Kawasaki, Suzuki, Polaris and Arctic Cat. Another industry major is coming on line as we write.
They have grown from zero to over $6 million in just six years and are poised to exceed $8 million in 2008. Growth in 2008 (without the new major OEM) is forecast to be at least 5% (first three months are at 9%). The next goal is $10 million sales within the next 18 to 36 months.
Gross Margins average 43%. They have just moved from a 17,500 sq. ft facility to an excellent manufacturing plant and warehouse (50,000 sq. ft.), with a skilled and experienced workforce, and excellent line management.
In 2007, branded product comprised 61% of gross sales, with 39% to the OEM’s. In 2001, it was almost the exact opposite – 70% OEM, 30% branded.
We are inviting interest from qualified buyers only. Deal structure is flexible, but the owner’s preference is to remain on board with a minority interest. Full details will be made available after full NDA’s are signed, with evidence of financial capability required.

Year Established: 2001

Employees: 59 full time -

Facilities: 50,000 sq. ft. factory/warehouse/offices - single level, efficient.

Market Outlook and Competition: Company has grown consistently - has moved four times in six years. 2008 is currently 9% up on 2007 - with a major new contract pending that has not been included in projections

Management Training and Support: Full Training given where necessary - CEO is willing to stay in a consultative capacity

Reason For Selling: Owner/Founder wishes to move on to other projects and spend more time with family