Business for Sale Overview:
With over 30 years of operations, this profitable business is a used fork lift truck dealer with a very strong reputation. The business offers one stop shopping for all of your material handling needs. They offer unmatched customer service, quality and value with a diversified rental fleet, new and used sales, and complete service solutions including preventative maintenance programs and parts. An excellent opportunity for a new owner to capitalize on expansion opportunities locally and into the USA. The price of the business net of transferred working capital but inclusive of all inventory, fixed assets and goodwill is $509,702 with an implied multiple of weighted Cash Flow of 3.0 times. Since the seller is selling the operational balance sheet of the business which includes the normal required working capital of $75,000 (this includes inventory), as well as a surplus working capital of $90,298, the total amounting to $165,298 as transferred working capital is included in the asking price of $675,000. For more information, please contact Neil Thomson at 250.870.9094 or send an email to neil.thomson@sunbeltpacific.ca.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.