Business Description

Operating in Illinois for over 15 years, this company specializes in distributing electric motors for various vehicle applications, including cars, boats, racing vehicles, and industrial equipment. They work with a network of 89+ authorized dealers who exclusively source their electric motors and related products from this company. Additionally, they hold an exclusive manufacturing contract with a top-tier electric motor and inverter manufacturer, ensuring a strong supply chain and product quality. The company's products, including electric motors and associated systems, are widely recognized in the industry and protected by trademarks for market exclusivity. They offer copyrighted brochures, user manuals, and technical guides to their customers. With a solid 2021 cash flow of approximately $665k, this turnkey business has significant growth potential in the evolving electric vehicle market. Overall, the company is well-established with valuable dealer relationships and strategic partnerships, positioning them for success as the demand for electric vehicles continues to rise.