Online Auto Performance & Modification Brand - Industry Leader
Business Description
E-Commerce leader in the Automotive Performance and Modification Industry based in Ohio. This brand attracts car enthusiasts (all across North America & around the World) who are committed to upgrading the performance of their high end vehicles. The loyal client base and future customers come to rely on the specialty nature of the 300+ SKUs, many of which have been designed and perfected in house.
This business began in 2018 & has experienced steady growth year over year now sitting as a leader in this market under the original founder and current owner.
The business is 90% online sales and 10% service with a full time skilled technician who services vehicles shipped in from all over North America and remote tunes vehicles all over the world. The business has recently experienced 40% YOY growth.
HIGHLIGHTS INCLUDE:
*Diverse Supply Chain.
*Minimal warehousing requirements.
*Low working Capital.
*50% repeat order rate.
*Products are environmentally compliant.
Products & Services offered include the sale of performance parts (i.e. downpipes, carbon fiber appearance products, intake products, HP Tuners, and turbochargers) as well as service and installation.
Current inventory is approx. $425,000. Wholesale value of 300+ SKUS. Included with the purchase.
The business has been recognized for being ahead of the curve in innovation. The proprietary technology solves a vehicle owners challenge of reducing emissions when utilizing high performance car parts.
Average order is approx. $1,000.
The ideal client is a car enthusiasts, primarily male with a high concentration of buyers ages 35-55.
This business began in 2018 & has experienced steady growth year over year now sitting as a leader in this market under the original founder and current owner.
The business is 90% online sales and 10% service with a full time skilled technician who services vehicles shipped in from all over North America and remote tunes vehicles all over the world. The business has recently experienced 40% YOY growth.
HIGHLIGHTS INCLUDE:
*Diverse Supply Chain.
*Minimal warehousing requirements.
*Low working Capital.
*50% repeat order rate.
*Products are environmentally compliant.
Products & Services offered include the sale of performance parts (i.e. downpipes, carbon fiber appearance products, intake products, HP Tuners, and turbochargers) as well as service and installation.
Current inventory is approx. $425,000. Wholesale value of 300+ SKUS. Included with the purchase.
The business has been recognized for being ahead of the curve in innovation. The proprietary technology solves a vehicle owners challenge of reducing emissions when utilizing high performance car parts.
Average order is approx. $1,000.
The ideal client is a car enthusiasts, primarily male with a high concentration of buyers ages 35-55.
About the Business
- Years in Operation
- 7
- Employees
- 1 (1 Full-time)
Full Time Service Coordinator is Key to the OperationManages service operations, - Currently Relocatable
- Yes
- Facilities & Assets
- The business is 90% online sales. The service/modification piece of the business will need relocated asap.
The business includes a DynoJet Dynamometer, 3 Lifts, and the specific tools/equipment needed to service the customer vehicles. - Market Outlook / Competition
- Very little direct competition in the market. The automotive performance market is valued at $366 Billion and on pace to reach $580 Billion in the next 10 years. According to recent studies, 95% of automotive owners use the internet to search for vehicle questions. They can spend up to 14 hours searching before making a purchase. Social media has become a popular avenue to connect with clients.
- Opportunities for Growth
- Additional vehicle platforms.
Developing additional products and promoting the top sellers.
Upgrading the web presences to establish a position of market dominance.
Add an effective drip campaign utilizing email marketing, social media, & other communication tools.
Developing a strategic marketing strategy.
Add products on Amazon.
Establishing SEO.
Introduce Carbon Fiber Body Panels.
About the Sale
- Seller Motivation
- Personal Reasons
- Transition Support
- The owner is willing to train for two week including in the deal and a separate relationship can be set up for the owner to advise for several months.
Listing Info
- ID
- 2423824
- Listing Views
- 27
Attached DocumentsAttachment Disclaimer
Listing ID: 2423824 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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