Listing Title: Trailer Repair with Nationwide Clientele and Unique Capabilities
Location: Southeast Michigan
Listing ID: MI021021
Listing Status: Available
Niche Business with very few competitors of the same caliber!
Specializing in repairs and custom builds of enclosed trailers and hydraulic lift gates, this long-established business has been serving their clients for over 20 years and prides itself on producing excellent quality product insuring referrals and repeat business. The facility also can handle many other types of trailer repairs. Additionally, this business is well known in the industry for custom builds of enclosed trailers drawing long standing clients nationwide and Canada.
Owner resides out of state and works remotely majority of the time, responsible for new business and customer relationships. He is willing to stay on-board for a period of time to train and transition the business. Additionally, there are 5 full time dedicated and experienced employees. Working foreman is in place to oversee day to day operations.
The facility is located in the center of what is poised to be the biggest trucking hub in the area, including new Amazon warehouse, alcohol distribution center, FedEx building and more. There is no other competition in close vicinity for trailer repair allowing this company to take full advantage of new developments.
This business has a history of solid sales and profits. Pre-COVID sales were over $3 mil with $469K SDE. Priced at 3.2 x multiple based on 2021 financials, this business is a solid opportunity with significant room for growth based on many years of strong profits. Business is poised to get back to pre-COVID numbers once supply chain difficulties are resolved.
Excellent opportunity for an individual investor or strategic acquirer looking to gain market share, well trained team and solid customer base. More information is available with signed NDA and proof of financial capabilities.
Total Sales: $999,719
Cash Flow: $162,047
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Tanya Popov, CBI, CM&AP, CEPA