The business was founded in 1982 and produces an excellent product known for its dependability in the field and ease of repair.
The business has been run with minimal oversight for a number of years and could benefit from dedicated management. The business assembles car care products installed at gas stations and car washes. Car and truck rental business or vehicle dealerships are also users of this product. As an added revenue stream with higher margins, the company also supplies parts for repair and maintenance of the machines. The machines are sold direct. Sales through distribution are limited.
The product is assembled from stamped metal, purchased compressors and various electronic and electrical components. A buyer who could stamp metal or source compressors at a rock bottom price may be able to grow margins.
USA, Western Illinois, Illinois
Sold in 3 Months
Sold – Assembly of Car Care Products – B2B Sales
– Untapped market and sectors
– Consistent replacement means many repeat customers
– Sale of parts for repair at high margins
– 30+ Years in Business
– Easily relocated