Business Overview:
The company operates as a distributor/wholesaler of new and refurbished heavy-duty truck and trailer parts, service tools and accessories for class 3 through class 8 vehicles. The company distributes a diversified product line of over 60,000 parts to a broad customer base of over 3,800. The company’s technical customer service expertise has enabled them to develop a strong reputation and name recognition since 1979. Between 2009 and 2010 gross revenue increased over 10% and is projected to increase 36% between 2010 and 2011. The company is looking for a synergistic buyer to continue its success and take advantage of growth opportunities.
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Property Features and Assets:
The company operates from a leased 15,300 square feet warehouse.
Market Competition and Expansion:
The company has accumulated a loyal customer base after years of consistent performance. Certain underdeveloped industries, as well as new markets, provide huge upside for new ownership. The company successfully utilizes vertical market software enabling them to control costs and improve inventory turnover. The company boasts a higher inventory turnover rate than the norm for the industry. Also, the company implements customized client specific databases which give them the ability to effectively identify their customers’ immediate needs and provide effective service. The Company’s superior customer service oriented approach has earned them reliable name recognition within the industry.
Reason for Selling:
Retiring
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.