Specialized Government Vehicle Enhancement

Not Disclosed, WA

Asking Price: Annual Revenue:
$8,000,000 $7,000,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Specialized Government Vehicle Enhancement Broker: Jeffrey Bryan
Owner Financing is Available!
The owner will finance up to $1,000,000 for a qualified buyer.

Quick Facts

Asking Price: $8,000,000
Annual Revenue: $7,000,000
Net Profit: Not Disclosed
Cash Flow: $1,500,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 933935781
Broker Reference #: SGV2021

Email or Print Listing

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Business Overview:

This company was started in the owner’s garage to fulfill the growing need for specialized vehicle systems by government entities. Entering its third decade of providing superior product quality and customer service to high valued professionals in our communities, the company today employs a staff of approximately twenty-five that work as a team with customers to assess & address needs through final production. Upfitters at the company build communications, light systems, video, power management, prisoner containment, weapons security, K-9 officer quarters and officer controls for vehicles utilizing proprietary products and systems created through years of research & development, field utilization, and strong communication with the end users. The company utilizes Ford, Chevrolet, Dodge, Toyota, and Tesla branded vehicles with the majority being Ford manufactured product.

The company has experienced 16%+ revenue growth in 2021 versus 2020, a year with over 7% revenue growth over the prior year, despite the economic implications of the COVID-19 pandemic. The company supports a broad spectrum of governmental agencies in Washington with many repeat customers purchasing products over an extended period of time. The trend of leasing fleets has helped many challenged government budgets. The opportunity exists with proper capitalization for new ownership to leverage the leasing trend to create a reoccurring revenue stream, cement relationships with customers for fleet management, and get returned vehicles which could be repaired, updated, and then resold or leased.

The company operates out of an approximately 12,000 square foot manufacturing facility with administrative offices. The business produces an average of seventy-five vehicles a month utilizing eleven service bays, with onsite parking for 35 vehicles and space for an additional 100 vehicles in a satellite location. The business model has the ability to be replicated in other states and the company grown to a regional or national provider of high-quality government vehicles for specialized applications.

The sale price includes $2,000,000 of net working capital.

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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.

Relevant Links:

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