Turnkey Truck Maintenance & Repair Shop

Not Disclosed, WA
Pierce County


Asking Price: Annual Revenue:
$325,000 $650,000

Automotive & Boats: Auto & Truck Repair & Service


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RE: Turnkey Truck Maintenance & Repair Shop Broker: Richard Hull

Quick Facts

Asking Price: $325,000
Annual Revenue: $650,000
Net Profit: Not Disclosed
Cash Flow: $99,000
Total Debt: Not Disclosed
FF&E: $128,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 4
BBN Listing #: 402059954
Broker Reference #: 37645-618557

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Business Overview:

This is an established full-service maintenance and truck repair center located in Pierce County. This shop operates in a spacious five bay facility specializing in heavy, medium and light duty truck and trailer repair and maintenance. Our reputation for excellent service in truck repair in the greater Tacoma and the Southsound is a direct result of our dedicated professionals whose goal has always been to deliver high quality service to each and every customer at a fair price.

This successful repair facility has built lasting customer relationships founded on honest and quality service which is the foundation of the business. Our customers trust our extensive experience and comprehensive knowledge of truck repair. Our understanding of the importance of keeping equipment on the road and providing solutions to every problem and repaired as quickly as possible, done right therefore, helping our clients to get back on the road safely and quickly.

When it comes to trucks, trailers and equipment for long and short haul trucks, you want a repair company who handles everything from scheduled maintenance to repairs and inspections. We take pride in what we do for our customers, large and small. We have the diagnostic equipment and the experience to diagnose a repair your equipment accurately and correctly.

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Property Features and Assets:

This truck maintenance shop started through a purchase of a repair shop asset that had been closed down. Taking over the business which had been operating for twenty plus years; This Truck Maintenance Shop was born with three people: two technicians and a office worker. Since then, the business has added a CDL driver to transport trucks from customers yards to the shop and return them after repairs are complete. In addition, the owner added two ASE master certified technicians. Through the years, the business has grown into a solid operation and has always relied on client referrals for business. Their reputation stands with good work at a fair price.

Market Competition and Expansion:

The Truck Repair industry consists of shops providing truck repair and maintenance services to consumer-grade and commercial trucks in medium and heavy-duty grades. Industry operators specialize in and provide a variety of services, including transmission, exhaust, engine and brake repair. Truck repair mechanics also provide general maintenance, oil change and preventative-care services. The Truck Repair industry will likely accelerate over the five years to 2026, as robust economic growth in the wake of the COVID-19 (coronavirus) pandemic is expected to occur in tandem with new trucks purchased during the previous period needing repairs. Corporate profit and disposable income are anticipated grow over the next five years, providing the industry with growth potential in both the personal and commercial truck repair segments. Industry operators are expected to benefit from an increase in outsourcing among trucking fleet operators. As trucks drive longer distances, more repair and maintenance services will be needed to keep trucks on the road. Consequently, growth in total vehicle miles typically bolsters demand for truck repair services provided by this industry. Total vehicle miles are expected to increase in 2021 and beyond, representing a potential opportunity for the industry.

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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