Account
Radio
OTC CEO's OTC Sites Business Listings Resources Services
CEO Cents
Videos Photos Sounds  
 
  •  
 
Rate
1 votes
Info
05.08.2010 (655 Days Ago)
TitlePSPF — Power Sports Factory, Inc.
Description

http://www.powersportsfactory.com/

Power Sports Factory, Inc. ("PSF" or the "Company") carries quality motor scooters and has an exclusive licensing agreement to brand them under the Andretti™ name.  The scooters feature high quality construction, European styling, and fuel economy, all at price points below those of competitors in the higher-quality sector.

 

Worldwide motor scooter sales are estimated at five million units annually, and sales traction in the U.S. market is being aided by fuel economy that often exceeds 65-70 miles per gallon.  According to the Motorcycle Industry Council, U.S. sales more than doubled during the years 2000 through 2004, and sales during the first six months of 2008 rose 65.7%, year to year.

 

 

 

 

The Company's principal business thrust is to capitalize on its exclusive, 10-year worldwide licensing agreement with Andretti IV, LLC, a Pennsylvania limited liability company, to brand motorcycles and scooters under the Andretti™ name.  The Andretti™ scooters feature European styling and high-quality construction but have price points 30% or so below those of rival Piaggio/Vespa.

 

 

 

 

The outlook for growth is enhanced by a rapidly growing marketplace, broadening product line, expanding dealer network, and the scaling up of a multi-faceted marketing program.  Management is also exploring a variety of non-traditional points of distribution for its motor scooters.  The market opportunity appears to be so large that even a minor market penetration should result in significant sales and earnings growth.

 

 

 

 

The Company will likely require significant equity and/or debt financing to fully execute its business plans and achieve profitability.  A new interim inventory funding arrangement is a financial plus.


Power Sports Factory™, a publicly traded company (OTCBB: PSPF) is the exclusive Importer and Distributor of the all-new Andretti™ line of premium motorbikes. The Andretti™ motorbike line-up consists of two product lines: Andretti™ (Benelli Series) and Andretti™(HP-Series). The Andretti™ (Benelli Series) line is known for its high
quality construction and modern styling, making it the smart choice for consumers. Benelli of Italy is the designer of some of the best motorcycles in the world. The Andretti™ (HP-Series), currently in final stages of development, will be launched in early 2009 and introduced at Annual Dealer Expo Show in Indianapolis.

With 2 Distribution Centers strategically located in Union, CA and Pennsauken, NJ, 2-Year Parts/3-Year Engine Warranty, 24-7 Roadside Assistance, unparalleled support and unique motorbike design, the all-new Andretti™ Motorbike Line represents all the standards you can expect from Power Sports Factory. With today’s high price of fuel, Andretti™ motorbikes are a smart alternative for people looking for superb gas mileage.


  psf029016.jpg
Tel: 267 546-9073 begin_of_the_skype_highlighting              267 546-9073      end_of_the_skype_highlighting
Fax: 267 546-9074
Power Sports Factory
300 Walnut Street
Philadelphia, PA 19106
Corporate Office:
Screenshots
PSPF — Power Sports Factory, Inc.
_PSPF — Power Sports Factory, Inc.
http://ceocentral.com/m/photos/get_image/file/32877f99d3aa09ccf2e3f31970ea4ec3.jpg
Reviews
Order by: 
Per page: 
 
  • There are no comments yet
Copyright © 2012 CEO Central | Felicis Enterprises, LLC