Business For Sale

Mechanic Grossing $1M+: Semi & Commercial Trucks

Not Disclosed, NE
Dawson County


Asking Price: Annual Revenue:
$495,000 $1,145,962

Automotive & Boats: Auto & Truck Repair & Service


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RE: Mechanic Grossing $1M+: Semi & Commercial Trucks Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $495,000 10% Buyer Down Payment: $49,500 10% Seller Financing: $49,500 80% Bank Loan: $396,000 Bank loan overcollateralized by assets! A 10% down payment of $49,500 would net $56,143 after debts during the first year – 113% return!

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,145,962
Net Profit: Not Disclosed
Cash Flow: $136,637
Total Debt: Not Disclosed
FF&E: $250,000
Real Estate: Not Disclosed
Year Established: 1992
Employees: 3
BBN Listing #: 951834398
Broker Reference #: AUT018

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Business Overview:

Located in Nebraska, this semi repair business has been in operation for 23+ years, and consistently earns over $1M in sales. Daily clients come from a 50-mile radius, and many from within 300 miles are served as well. There are 3 local fleets with 200 semis between them that receive anywhere from daily maintenance to monthly or weekly checks. Many of the customers are in the ag industry, and the company’s location close to an interstate and a highway are perfect for drawing in customers.

The company is located in a 4,000-square feet space leased at $1,000/month. 3 full-time employees, all skilled mechanics, earn $20-$23/hour repairing semis and trailers for 500 active clients. Labor charges are $80/hour plus parts, with the average ticket ranging between $500 to $600. While the seller is actively involved in daily maintenance, the employees are able to handle the workload, and a new owner need not be as involved in mechanic work.

Included in the purchase is roughly $540,000 in assets, including brake supplies, airbags, suspension parts, and the software/equipment for Cummins trucks and Caterpillar motors. The shop is full-service, with the exception of not completing major engine overhauls. Customers are also able to purchase Rigguards and S-Cams through the business, and can stop in to purchase spare parts.

Currently there is no advertising done, and all new business is word of mouth. Due to its prime location between two major thoroughfares, simply advertising along them with billboards would draw in new semi traffic for maintenance and recurrent repair work.

Equipment: $250,000 replacement cost – tranny jacks, clutch jacks, seal drivers, air stops, huck guns, software/equipment for Cummins trucks and Caterpillar motors
Vehicles: 1997 Ford Super Duty, 1993 Dodge Ram – both are service trucks with service boxes on them
Intangible Assets: reputation – customers are word of mouth and come from 50 – 300 miles away
Inventory: $290,000 in brakes, airbags, filters, suspension parts – inventory marked up 10-35%

Years in Business: 23+ years
Location and Service Area: 50-mile radius for day-to-day jobs, with a customer reach of 300-mi radius
Number of Clients: 500 active customers within a 300-mile radius; customers mostly repeat; handles all repairs on 3 nearby fleets with 200 trucks & 500 trailers between them
Lease: 4,000 sq. ft. leased at $1,000/month
Reason for Selling: Retirement
Employees: 3 Full Time – trained mechanics with 3 – 4 years’ employment paid $20-$23/hour
Hours: Mon – Fri, 8am – 5:30pm
Seller Training Period: 90 days
Growth Opportunities: advertising – located between major interstate and highway that would be perfect for signage
Current Owner’s Responsibilities: management and mechanic work – while the owner does stay involved in working on the trucks, the 3 employees would be able to handle the workload.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Lease: 4,000 square feet leased at $1,000/month. Assets Included in Purchase: $540,000* Equipment: $250,000 replacement cost – tranny jacks, clutch jacks, seal drivers, air stops, huck guns, software/equipment for Cummins trucks and Caterpillar motors Vehicles: 1997 Ford Super Duty, 1993 Dodge Ram – both are service trucks with service boxes on them Intangible Assets: reputation – customers are word of mouth and come from 50 – 300 miles away Inventory: $290,000 in brakes, airbags, filters, suspension parts – inventory marked up 10-35%

Market Competition and Expansion:

Location and Service Area: 50-mile radius for day-to-day jobs, with a customer reach of 300-mi radius. Number of Clients: 500 active customers within a 300-mile radius; customers mostly repeat; handles all repairs on 3 nearby fleets with 200 trucks & 500 trailers between them. Growth Opportunities: advertising – located between major interstate and highway that would be perfect for signage.

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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