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Business For Sale
TRAILER & PORTABLE BUILDINGS DEALER
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Asking Price: |
$295,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Non-classifiable
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Reason for Selling:
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Age & Health |
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Year Established:
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2000 |
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# of Employees:
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Only owner |
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Yearly Revenues:
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$621,000 |
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Yearly Cash Flow:
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$75,424 |
Business for Sale Overview:
Explore the possibility of investing in this highly profitable trailer and portable buildings dealership, which is for sale only because the age and health of the owner have dictated his retirement.
The dealership is advantageously located on a major highway with a high traffic count in one of the fastest growing local economies in America. The company is the dealer for the best manufacturers of utility, enclosed and dump trailers on the market. Additionally, the firm also sells portable building with are a very profitable line.
In its 8 years of existence, this dealership has become widely known for its fair pricing and large inventory of all types of trailers. The overhead operating expenses are extremely low, resulting in impressive cash flow to the owner.
There are numerous avenue of expansion for the business that have not been pursued because of the age and health of the owner, including the addition of small tractors, golf carts, mini bikes, electric scooters, 4-wheelers, and camper tops to the lines of equipment that are sold. Also, the owner is turning away daily requests for hitch installations, truck accessories and trailer repairs that could be offered by a new owner. New inventory value at cost is $247,000. Equipment is valued at $50,000.
The owner keeps excellent books and records which will be fully available to qualified buyers. This business actually does better during hurricane season than other times due to the demand for trailers. For example, in 2005 after Hurricane Katrina, the business showed a documented cash flow to owner of $291,996.
Property Features and Assets:
The extremely low overhead (only $600 monthly rent) and a very high visibility combine to give this operation a real advantage.
Market Competition and Expansion:
Moody’s Research recently predicted that the Mobile/Baldwin economy would have the fastest growth rate over the next five years of all 363 metro areas in the US. Also, Mobile was named by Entrepreneur Magazine as the number one city in the U.S. to start or grow a business. With the groundbreaking of the largest steel processing plant in the history of this country and with the recent award of the $40 billion contract to build the next generation of Air Force refueling tankers, it is an exciting time in Mobile & Baldwin Counties!
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for 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.
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