, California 6 views 0 favorites
Headquartered on the West Coast this Value Added Automotive Lubricant Distributor is one of the largest distributors in the region. The company is a 25 year-old, privately owned distributing business, that sells an impressive line of service chemicals and detailing products to the automotive after-market industry. The business serves a variety of high-end and middle market car dealerships and servicing garages. They also provide training to service advisors, technicians, and parts department personnel and assist with service menus and promotions to increase efficiency and profit. Key Features: -Consistent AEBITDA performance year-over-year. -150 premium clients under management. -Business Scope includes customer service, inventory control management, equipment installation and maintenance, and training. Quickly gain market share in lucrative Northern California with recognized leader in the Auto Lubricant industry. Long term relationships with marque clients and a brand that is widely recognized and respected. Fully functional distribution services business providing value added services. Location: California Year Established: 1996 Number of Employees: 4 Real Estate: Leased Building Sq. Ft.: 4,275 Rent: $4,836.00 Per Month Facilities: FACILITY 1: Total Square Feet = 2,367 HVAC Warehouse and Office FACILITY: Total Square Feet = 1908 HVAC Warehouse and Office The business maintains two leased facilities. Both facilities are used for inventory management, product storage, and equipment testing and warehousing. Each customer site(car dealership/service station) is set up with special equipment and menu software used to measure and monitor the amount of product used in each type of vehicle. Market Outlook/ Competition: The Market Opportunity for the sales territory based on 2020 average sales per customer is $439,554,130. However, based on the 2021 year-to-date industry performance, industry specialist estimate the Market Opportunity to be close to $500M. Competition within the Sales Territory is relatively low as there are only two main competitors. The Company's focus on high-end premium products combine with valued added services solidifies the company’s position at the high end of the market. Growth & Expansion: The Company’s strong customer relationships and enviable reputation present a platform for continued growth is the expansion of automotive lubricant and detailing product sales to high-end automobile dealerships. The company’s value added services such as inventory control management, equipment installation and maintenance, training to service advisors, technicians, and parts department personnel to assist with service menus and promotions create high barriers to entry for new entrants and a high change-out cost to automobile dealers (customers).
Listed: Apr 21, 2022
Updated: 5 hours ago
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