New Engagement In Southern California Automotive Aftermarket
Empire Business Solutions has been a leading California Business Broker and M&A Specialist since 2005 particularly in the Orange County and Los Angeles County area. Empire specializes in representing sellers in Southern California who want to maximize the value of their business and are motivated to sell.
- Huntington-Ashland, WV-KY-OH (1888PressRelease) May 22, 2015 - Empire Business Solutions, a leading Business Broker and M&A Company based in Huntington Beach, is please to announce that they have been retained to bring a new client to the market.
COMPANY HIGHLIGHTS FOR NEW ENGAGEMENT
Broad Product Lines and Sales Channels: The Company focuses on manufacturing and distributing various automotive mounts, bushings, axles, and other related accessories, focusing on imported vehicles.
Unique Designs: The Company has a unique design which differentiates it from the competition who have tried to duplicate this proprietary design without success.
Automotive Applications: The companies products are primarily targeted at imported vehicles, including Honda, Acura, Toyota, Mitsubishi, Lotus, and other vehicles.
Excess Facility and Equipment Capacity: The Company operates from a 10,000 square foot facility (with an additional 10,000-square foot yard), and has the latest machines, test equipment, and custom software. The fair market value of equipment is approximately $1.4 million.
Customer Relationships and Markets: The Company has strong ties to clients due to its industry expertise and excellent customer service. The diversified active customer base helps ensure that the Company will not be significantly impacted by the loss of a single account. In addition, approximately 90% of sales is generated from US-based customers, 10% from international sales. According to management, the Company is the largest independent motor mount manufacturer in the US.
Historical Revenue Growth: In the recent history, the company's revenue increased from $1.5 million in 2012 to nearly $2.1 million in 2014. In addition, the Company has profitable and experienced growth every year since its inception in 2005.
Strong Base Year Performance: Company's revenue is projected to reach $2.5 million in 2015, 25% growth over 2014.
Strong and Increasing Profitability: The Company's EBITDA, a key indicator of financial performance, increased from $326,000 in 2012 to $541,000 in 2014.
The aftermarket for automotive parts is robust and this would be an excellent add-on for any company in this space and has a synergistic product or distribution in place.
Contact Information
Empire Business Solutions
Roy Moss. President
Huntington Beach, California
Phone: 714-374-6430
Email Id: roydmoss ( @ ) empireoc dot com
Website: www.empireoc.com
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