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Businesses For Sale   >>   Auto Parts Manufacturing Businesses For Sale

Race Engine Manufacturing

Location  California,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $755000
Net Profit / Cash Flow  $55478
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1982
Number of Employees  1 - 3
Inventory  620000
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will provide training.
Reason for Sale  Retirement.

Description  This race engine manufacturer was founded in 1988, the initial endeavor involved the design and manufacturing of an Aluminum Ford 351 block called the Clover. In August of 1989, the company's product line expanded with the acquisition of a 4 cylinder engine unique to the Midget circle track racing application. The design was a proprietary aluminum block and aluminum head which became and immediate success. The extensive development efforts during the last 20 tears have resulted in a product base that is recognized as the premier racing engine in the industry. The facility has a 8,300 square foot building and a 12,000 square foot lot with parking for 14 vehicles and is located in Southern California. The lease is $4,850. and is month to month. This race engine manufacturer maybe a small company with 3-4 employees but they have been able to compete and win many races against the likes of Ford, Mopar, Toyota and Chevy factory teams. The personnel are dedicated experienced, knowledgeable and capable of producing one of the finest racing engines in history. They have complete control of production, therefore they can manufacture all parts to precise specifications. They also have a large customer base and are currently in the process of designing a new more powerful engine to expand our base. They have won many championships including USAC, ARDC, AMRA and POWI. For more information on this Race Engine Manufacturing business for sale, please contact Lloyd Rae

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