Asking Price: $13,000,000
Cash Flow: N/A
Gross Revenue: $6,622,088
EBITDA: $698,200
FF&E: $1,105,850
Inventory: $2,274,716*
Real Estate: $9,975,850
Established: 1978
Business Description
Established in 1978, Go Industries is a company that manufactures aftermarket truck accessories, Law Enforcement equipment, trailer parts, and cable and wire handling equipment.
State-of-the-Art Equipment with computer-controlled equipment, robotic welding machines, plasma and Fiber optic lasers, and powder coating. Go has partnerships with the best distributors around the country to bring customers the best in service and products.
Detailed Information
Location: Richardson, TX
Inventory: Not included in asking price
Real Estate: Owned
Included in asking price
Building SF: 150,000
Employees: 90
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Office & Distribution Facility: 65,000 sf Manufacturing Facility: 39,000 sf Manufacturing Facility: 32,000 sf Powder Coating Facility: 14,000 sf
Competition: Main Competitors: Weston Automotive Windbow Truck Parts Ranch Hand Bumpers
Growth & Expansion: The Company operates in (4) different facilities in (2) different cities which creates inefficiencies and additional overhead. By restructuring the business into one facility, the Company can easily exceed $1.4m in EBITDA in the first year. The purchase includes multiple real estate locations which could be liquidated and another facility and additional working capital. No additional capital beyond the initial purchase would be needed to fuel growth and expansion. Quick return on investment and multiple opportunities to grow vertically and horizontally.
Support & Training: The Sellers will stay on as part of the new management team and/or for enough time to train new management
Reason for Selling: Retirement and lack of motivation and capital to implement restructuring plan
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