Reputable Trailer Repair & Custom Builds
Southeast, Michigan
| Asking Price: |
Gross: |
Cash Flow: |
| $649,000 |
$3,136,600 |
$469,600 |
Furniture and Fixtures Value:
$130,137 (included in the asking price)
Inventory Value:
$50,000 (included in the asking price)
Real Estate:
$0 ( not included in the asking price)
Business Summary:
Niche Business with very few competitors of the same caliber!This well-established business has been serving their clients for 20 years and prides itself on producing excellent quality product insuring referrals and repeat business. Specializing in manufacturing, custom builds and repair of enclosed trailers and hydraulic lift gates. Owner is currently responsible for new business and customer relationships and is willing to stay on-board for a period of time to train and transition the business. The owner has a residence out of state and is not in the shop on the consistent basis. Additionally, there are 4 full time dedicated and experienced employees. Working foreman is in place to oversee day to day operations. With COVID shut down, the company mainly concentrated on repairing side of the business with great profit margins, however, it is expected once the auto industry is back in full swing, the company will experience a flood of orders. This business has a history of solid sales and profits. Pre-COVID sales were over $3 mil with $469K SDE. YTD 2021 6 months sales are $615K with $228K. Business is poised to get back to solid numbers once we are out of pandemic. Excellent opportunity for an individual investor or strategic acquirer looking to gain market share, excellent team and solid customer base. More information is available with signed NDA.
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| Year
Business was Established: 2002 |
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| Number of Employees:
4 FT |
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| Facilities / Terms of Lease:
The shop operates out of leased 10,000 sq ft facility in Southeast Michigan in an industrial area with close access to freeways. Lease in place for the next 3 years. |
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| Potential
Growth/Expansion:
The business gets the clientele mainly through the word of mouth, no formal marketing campaign in place. Numerous opportunities for expansion and nationwide reach. Expending types of trailers into different sectors could be an easy growth path due to excellent name recognition and reputation. |
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| Competition:
Proven track record, capabilities, and superb reputation in the industry coupled with excellent customer service gives this company advantage over its competition. |
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| Owner
willing to finance:
Negotiable to a well-qualified buyer. |
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| Owner
willing to train:
: Seller will be available for transition to ensure new owners success and is flexible to stay in consulting capacity as needed going forward. |
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| Reason for selling:
Retirement |
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| REQUEST MORE INFO |
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