Seller's Contact Information
- RE: Distributor Of OEM & Aftermarket Truck Body Parts
- Contact: Courtney OConnor
Quick Facts
Asking Price: | $6,000,000 | |
Annual Revenue: | $9,700,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,730,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 19 | |
BBN Listing #: | 273349983 | |
Broker Reference #: | S-2672-G |
Business Overview:
Founded over 30 years ago by the current Principal, the Company is a distributor of Original Equipment Manufacturer (OEM) and aftermarket truck body parts. Based in New Jersey, the Company has established a wide network of customers that depend on its vast inventory of parts to maintain and repair their truck fleets. Over the decades, the Company has become a one-stop body truck parts distributor for companies with varying needs for a broad range of vehicle makes and models.
The Company offers a breadth of products for both truck bodies and trailers. Within its inventory, the Company carries virtually every part of a truck body, and has recently expanded its cab offerings to include grills, headlights, front bumpers, mirrors, and springs. The diversified customer base is primarily comprised of truck leasing & rental companies, truck & trailer repair shops, private fleet operators, and other entities that regularly utilize trucks or trailers in operations. The customer base is entrenched with many customer relationships with the Company spanning over decades. Continued business development efforts have resulted in sustained growth for the Company and expansion into additional product categories.
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Property Features and Assets:
53,000 square feet leased NJ based facility.
Market Competition and Expansion:
Competition: The Company has achieved a strong market position as one of, if not the largest, aftermarket truck body parts distributors in the U.S. since being founded 30 years ago. The quality of service, availability, and pricing of the products have been imperative to customer retention and creating a well-recognized brand. Its relationships with customers, as well as healthy inventory levels, are top priorities that have been key in driving the Company’s success over the years. Growth & Expansion: Throughout its years of operation, the Company has grown into a leading provider within its market and is well positioned for continued growth. The Company has established itself as a trusted and reliable brand to its customer base. This creates opportunities for further expansion within its existing clients, as well as leveraging its successful track record to drive new business development. The Company has a solid foundation upon which to expand its operations beyond the current scope.
Reason for Selling:
Retirement/Succession Planning.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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