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This company was started by the owner who developed several patented products to address an unanswered need in the aftermarket automotive industry. The company has created a unique niche for itself with its highly regarded branded and patented product line. The business selling price includes the patents and trademark. Products are sold to distributors and through an ecommerce site. The company’s products are a leader in the market and are sold at a premium price. There is room for growth in the existing sales and in untapped markets. The manufacturing of the products is outsourced. The products are packaged and shipped from owner’s warehouse/office. The business will need to be relocated to another location or buyer may be able to lease space within seller’s warehouse.
The owner’s main business has continued to grow and the owner cannot devote sufficient time to this business.
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