Listing Title: High Cash Flow Reputable Trailer Service and Parts Facility
Price: $780,000
Location: Southeast Michigan
Listing ID: MI010623
Listing Status: Under Contract
Located in the highly desirable area of Southeast Michigan, this company has been serving clients for over 17 years and dominates the market for the service of trailers, and sales of replacement parts and equipment. The retail showroom has a deep up to date inventory of everything related to trailer parts and repair with very strong profit margins. The service bays provide rebuild and maintenance of up to 20-ton trailers, specializing in axle replacement, tire, brake, lighting and electrical service for commercial, municipal, boat, recreational trailers and campers.
In addition to trailer hitch installations on vehicles the company sells and services snowplows and snow maintenance equipment.
The company has a great reputation for excellent customer service and has grown primarily from word-of-mouth advertising year after year.
The customer base is diverse; municipalities, construction and property maintenance companies make up a large portion of the sales with personal users rounding out the consistent repeat visitors to the store.
The owner is mostly hands off with full time manager on staff since the start of the business. The manager is knowledgeable with the day-to-day operations of the business and manages the service staff. An office manager provides all of the bookkeeping support.
With consistent revenues and profits, this business is attractively priced at $780K and includes close to $200K in inventory.
Total Sales: $1,000,800
Cash Flow: $301,449
FFE: $40,000
Inventory: $200,000
Tanya Popov, CBI, CM&AP, CEPA