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Light Trucks Company Investment Opportunity in Sarasota, United States

Company that manufactures all-terrain vehicles based out of Florida seeks investment.

Established 50-60 year(s)
Employees 2 - 5
Legal Entity Public Limited Company
Reported Sales USD 48 thousand
Run Rate Sales USD 13 thousand
EBITDA Margin Operating at loss
Industries Light Trucks
Locations  Sarasota
Local Time 8:30 PM America / Nipigon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 2 million for 25.0% stake (Native Currency: USD 2,000,000)
Reason: We have everything the company had the day the lights were turned off. There is an interesting backs... View More
Includes physical assets worth USD 539 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

The company was in production from 1969 to 2016. During this time, the company was privately owned and produced approximately 25,000 vehicles. We are now a public company and will re-open production with previous management that will operate the production line. Our management has been involved with the company since 1993, and through his activity, they doubled the company's output in 4 years to 1,300 vehicles annually. The company previously had multiple military contracts as well as 700 dealers over a 10-year period in North America.

Products & Services Overview

Products include all-terrain vehicles such as-

A 2-seater vehicle.

A 4 (4-seater) vehicle.

Truck.

Assets Overview

Tooling and body molds.

All engineering drawings and blueprints from 1969-2013.

All company files (purchase orders, invoices, customer records, vendor information, customer leads, original 800 phone number, and website domain) from the founding company during the 1969-2013 era.

Facilities Overview

We have access to a 30,000-square-foot facility that will be used for the assembly of our vehicles and storage of inventory.

Capitalization Overview

The company is currently publicly traded on the OTC market, and we are in the process of completing an audit and filing a Regulation A+ offering. Current debts are $448,000. The company currently has approximately 1,000 shareholders of common stock.

Recent Activity
  • Earlier than 15 days
    Principal, Atlanta, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, The Woodlands, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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