The company is a battery manufacturer that specializes in obtaining high power and very light weight lithium-ion cells and combining those with unique high power BMS systems in a customized process to assemble and distribute lithium-ion batteries to the marine, racing, and specialty industrial markets. The team is comprised of talented engineers who have spent years in the assembly process.

Key Aspects

Year-over-year revenue growth spanning a 10 year period from 2011 to 2021
Low competition in the market as there are less than 70 lithium-ion battery manufacturers in the United States
Key shipping and freight agreements with UPS to ensure materials arrive in the needed quantities on-time
Established company with a sterling reputation operating in high-barrier to enter market

Opportunities

Clear path to significantly increase the company’s revenue by expanding into small to mid-market industrial services
Increase gross revenue by increasing advertising and hiring a full-time sales force
Significantly increase production capability by adding automation including laser welding
Further develop sales relationships with golf cart and RV manufacturers – both of which frequently use lithium-ion batteries in their vehicles
Ability to increase company profitability very quickly by converting from air-based freight to ocean-based freight
Lithium-ion manufacturing costs are rapidly decreasing

Headquartered

Southeast United States

Current Markets

The company specializes in manufacturing batteries for the marine market, however they are a significant player in the land racing, fleet, industrial, and specialty markets.

Real Estate

The company operates from a 5,000 sq. ft. office and two warehouses amounting to 7,500 sq. ft. The office and warehouses are leased from an unrelated third party.

Shareholder Objectives

The company is fully owned by a single shareholder who is seeking to remain with the company after the sale of the business. The owner is open to various deal structures.

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Lithium-ion Battery Manufacturer BM019793

Lithium-ion Battery Manufacturer BM019793

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