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Businesses For Sale   >>   Auto Parts Retail and Distribution Businesses For Sale

Electrical Vehicle Manufacturer And Automobile Business For Sale

Location  California,United States
Asking Price Range  $10.0M - $20.0M
Gross Revenues  $4000000
Net Profit / Cash Flow  $2
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2006
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased

Description  
Established in 2006 and operating from a 25,000 square feet facility, this company manufactures state of the art electric vehicles catering to the needs of law enforcement and security personnel. Their vehicles are used by law enforcement personnel around the globe. The company has 12 patents and some pending patent applications. Their vehicles have a unique design and many innovative features. They are ready to launch an electric two-seater passenger car in the very near future and are exploring manufacturing utility vehicles for use in the industrial sector, medical field and many other sectors. The company plans to get relisted on the New York Stock Exchange within the next 3 months. The ideal purchasing company will have strong marketing network and strong financial means to take the company to the next level. The purchasing company may be eligible to get substantial tax benefits due to previous accumulated carry forward losses. The current dynamic CEO who has a phenomenal techno-industrial-business background is willing to continue his association with the new owners. He has been instrumental in bringing the company out of the red and has many innovative plans to keep on improving the company's branding and performance. Principal's willing to execute a specific confidentiality agreement and provide proof of funds will only be considered. For more information, please call Arnold Lee at 818-342-5222 Ext 310 or Mike Jasani at 818-723-5150.


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