Price: $20,000,000
Location: Miami Dade County
Industry: Manufacturing
Listing ID: RA120199
Listing Status: New
Amazing and Unique Opportunity to acquire a very successful South Florida automotive oil producer and distributor with high quality standards in motor oils and additives.
This Company has years of experience in blending all type of motor oils, ATFs and a great variety of lubricants manufactured 100% in the United States with the highest quality found on the market.
Highly trained team of managers, assistant managers and employees are dedicated in the development of new products and markets.
Their own laboratory is equipped with the latest technology to guarantee quality and consistency in products dedicated to heavy duty, gasoline engines, transmission fluids, and other new products.
New projects as selling anti-freeze packaging and DEF products to customers and wholesalers will bring additional revenue and is totally in accordance with the worldwide mission of Saving our Planet!
Down Payment: $20,000,000
Total Sales: $17,532,536
Cash Flow: N/A
EBIT: N/A
EBITDA: N/A
Accounts Receivable: N/A
FFE: $4,408,000
FFE Included: Yes
Inventory: $3,000,000
Inventory Included: Yes
Year Established: 20000
Days & Hours of Operation: Opened Monday thru Friday
Lender Pre-Qualified: Yes
Non-Owner Payroll: N/A
Employees: 43
Real Estate: $10,500,000
Real Estate Included: No
Monthly Rent: N/A
Type of Location: Building
Square Footage: 41033
Franchise: No
Relocatable: No
Facilities Information: The Company operates from 2 separate locations : - Filling lines, storage, laboratory and blending warehouse/office facility located on 1.5 Acres of land with parking. It's available for sale. Infos can be provided upon request- very well organized and neat.(if not interested to purchase the real estate, the buyer will get a lease for $45,000.00 per month, plus 7% sales tax, real estate tax plus insurance. - Distribution center 100% storage rented long term for 5 years plus 5 years lease.
Terms and Conditions?: Strictly confidential. Extensive Documentation, Business Summary and financials are available to qualified Buyers. A signed NDA, biography, proof of funds or bank letter will be requested prior to releasing the confidential package.
Reason For Sale: Exploring new opportunities
Training & Support: The owners are willing to assist the new Buyer for a very smooth and long transition and training. One owner can stay up to 6 months. The 2nd Owner can remain employed in the Company if needed. Owners would accept to remain partners with a maximum of 25% shares. The Business is Turnkey with managers and assistant managers for each department and employees procedures
Historical Summary: This is a very solid and stable Company that offers a great endorsement worldwide with 22 years of excellence in service, and presentation .
Owner Qualifications: Owner must be knowledgeable in the industry.
Competition: The Company has 6 famous brands of additives and chemicals, lubricants, filters and wiper blades. Internationally, the Company has distributors and private labels in more than 18 different countries. With their technical and logistical capacity the Company has expanded to Central and South America, having a presence in more than 15 countries in central America, South America, and the Caribbean for 30% of their entire revenue.. The Company sells in South, central and West Florida, 70% of its revenue.
Potential Growth: 80% of the revenue comes from lubricants blended and packaged directly by the Company which is only using 25% of its capacity to supply the demand. they can grow up to 60% without any huge investment. Growing 100% would represent an investment of 500k. possible portfolio expansion is : anti-freeze/coolant packaging, degreaser and specialized soaps packaging, all types of aerosols, industrial lubricants, DEF. The company has been growing internationally with very large distributors in Colombia and Guatemala but they still have plenty of space to grow.
Financing/Terms: Financing NOT available