Midwest Based Commercial Vehicle Sales & Service
UNDISCLOSED
| Asking Price: |
Gross: |
Cash Flow: |
| Undisclosed |
$14,756,123 |
$1,079,102 |
Furniture and Fixtures Value:
$262,791 (included in the asking price)
Inventory Value:
$1,330,793 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
This Midwest based multi location commercial vehicle dealership with robust service capabilities has been in business for over 40 years. Although known primarily as a dealership of premiere industry brands, the company offers comprehensive fleet services making them unique compared to their competitors. The company was recently awarded the majority of state DOT multi year vehicle contracts. This translates to securing an estimated 80% of all sales generated through their state's contract. We're projecting this will result in revenue growth for new vehicle sales over a 3-5 year period. The company has launched a new product line in 2023 on the heels of a successful 2022 launch of a program focused on complete restoration of older model vehicles. Evolving to the needs of the market has been a constant theme with this company, and part of what has made them a resource for their customers who are looking for solutions.
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| Year
Business was Established: 1979 |
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| Number of Employees:
25 FT |
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| Facilities / Terms of Lease:
The company operates out of multiple facilities in the Midwest. Two of the company facilities are owned by the seller and are available to purchase or lease. |
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| Competition:
In their primary state of operation the company has exclusive dealership rights for several brands. They are able to sell new vehicles on the retail level nationwide in addition to several other products and services. While this company is not the largest provider of products and services in their industry, they do stand on equal footing when it comes to service and quality.
There are several segments of the industry where the company participates. The bus industry is expecting to see 5.7% CAGR through 2030 which projects to a growth in industry revenues to an eventual $11.2 Billion. Full size vans and Mini-vans are also forecasted to grow industry wide by an additional $1.6 Billion through 2027. |
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| Reason for selling:
Managing partner retirement. |
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| REQUEST MORE INFO |
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