Seller's Contact Information
- RE: Trailer Dealer For Sale
- Contact: Jeff Swiggett
Quick Facts
Asking Price: | $1,400,000 | |
Annual Revenue: | $7,360,698 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $774,078 | |
Total Debt: | Not Disclosed | |
FF&E: | 105,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1997 | |
Employees: | 15 | |
BBN Listing #: | 281155237 | |
Broker Reference #: | 41980278 |
Business Overview:
This southern New England based company is a dealer of trailers, truck beds and golf carts to end-users including landscapers, small contractors home owners, contractors, horse and live stock haulers to name a few. Revenues are generated from commercial accounts, municipal and state agencies and individuals. The company also sells to U.S. federal government agencies through their GSA account. It has limited competition with the closest similar dealer more than 40 miles distant. The business was started in 1997 selling two lines of trailers. Today, it represents seventeen manufacturers, all considered best in class, and dominates the geographic market in which it operates. In 2006, the company moved into a newly built 6,000 square foot building on three acres of land that features an attractive showroom and provides ample space for their parts and service operation. The company employs sixteen full time staff. This is a great opportunity for an individual with good business skills to own and operate their own business or a strategic buyer seeking to expand their presence in Southern New England.
Sale price includes approximately $400,000 in trailer and golf cart rental units and spare parts inventory. Trailer floor plan inventory is not included in the price. This is to be financed through a dealer floor plan financing firm.
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Property Features and Assets:
The firm operates out of a single story, attractive 6,000 sf commercial building the owner built in 2006 that houses company offices, a showroom and parts and service areas. Space is divided up among offices and showroom, parts and service and covered portico at 2,700, 2,700 and 600 square-feet respectively. The building is located just off a major interstate giving easy travel access to customers. It resides on three-plus acres of property that accommodates much of the Company’s inventory. The building and property are a sterling asset which appeals to clients. Both are available for lease at a triple net monthly rate of $8,985 or sale for $1,250,000.
Market Competition and Expansion:
The firm dominates the market it serves and has created a strong niche that has been difficult for other similar firms to penetrate. Bring on dedicated sales representative to focus on GSA opportunities and larger corporate accounts.
Reason for Selling:
Owner wishes to retire.
Additional Details:
- The property is owned.
- 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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