Midwest Municipal Truck & Maint. Equip. Repair Bus

Not Disclosed, IL


Asking Price: Annual Revenue:
$1,900,000 $2,477,467

Automotive & Boats: Auto & Truck Repair & Service


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RE: Midwest Municipal Truck & Maint. Equip. Repair Bus Broker: Jess Lawhead

Quick Facts

Asking Price: $1,900,000
Annual Revenue: $2,477,467
Net Profit: Not Disclosed
Cash Flow: $441,336
Total Debt: Not Disclosed
FF&E: $460,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 7
BBN Listing #: 88441635
Broker Reference #: 3953-705559

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Business Overview:

Regional truck, snow & lawn equipment company servicing private and public customers specializing in the sale, service & leasing of large equipment used by municipal/public road and turf maintenance departments.

Great revenue track record.
Company has delivered consistent and predictable results and is a great platform to build on.

Seasoned operating team. Company’s day-to-day operations are managed by key employee of 24 years who serves as GM. Owners are involved in running the day-to-day operations. Most employees have been with the Company for 5-10 years.

Company offers an attractive product line for service, and new and used sales.

Company's primary customer sector is public and that makes up majority of annual sales. Top five customers make up over one-third of annual revenue.

Owners have grown this business with expertise and consistent delivery of excellence to their customer base. The current platform is perfect for expansion and growth.

Full-service equipment company founded in 1998. Owners have built a successful business with solid fundamentals and are ready to move forward with the next phase of their lives.
High barrier market entry to municipal equipment dealer network and equipment distribution geographic exclusivity.

Strong product knowledge, superior relationships and focus on customer service has driven competitive edge required to attract and retain municipal contracts and relationships.

Company offers numerous avenues of potential growth and profit. Current platform has the opportunity to expand sales geographically into other midwestern states and municipalities. Sales could expand from public sector into private to include retail in current facility. Opportunity also exists to expand parts business through online retail sales. Potential for merger with established equipment and parts company to expand product lines.

Industrial Warehouse and General Office with outdoor storage.

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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.

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