Classic car restoration business for sale

, California 10 views 0 favorites

Financial Highlights
Asking Price
$10,000,000
Revenue
$7,000,000
Business Description

Real estate and automobile re-manufacturing operations, car inventory and parts inventory. $6-7 million in revenue, 10-15% EBITDA, well established customer base. Location: California Year Established: 1990 Number of Employees: 30 Real Estate: Owned Building Sq. Ft.: 30,000 Facilities: 30,000 sq foot building, excellent location. includes full restoration shops, electronics upholstery, paint shop engine shop, parts inventory, offices and showroom. Market Outlook/ Competition: this is a $1.8 billion annual market in the US alone. Classic cars are like art work going up in value and offer excellent inflation hedge and diversification from stock market. Buyers are both local and international. This business holds a leading position in the marketplace. Growth & Expansion: The move to electric cars offers a HUGE growth in classic car ownership. Traditionalists will want authentic motor engines but new young buyers will be attracted to the style and model of the older cars and the maintenance simplify of electric engines. The existing market on its own has grown 10-20% per year.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 2 days ago

Views: 10

Favorites: 0