Business Summary:
Acquire this thriving Northern California manufacturer of specialty commercial truck trailers with a long-established history of quality products. The company also sells replacement parts and provides repair services. It has high customer diversity and serves multiple industries.
Sales increased in 2007 and 2008, and are expected to stay even this year. As a result of recent and planned new product introductions this company is healthy, outperforming the industry, and positioned for rapid growth when the economy rebounds.
Experienced employees and management are available to remain under new ownership. Part-time owner spends bulk of time in administration, new products and sales.
Reason for Sale: Owner needs to concentrate on other business obligations; will provide transition support as needed.
Acquisition Highlights:
Long History & Solid Brand
Strong Financial Performance & Growth
Diversified Client Base
Industry Diversification
Strong New Product Pipeline
Experience Management and Staff
Relatively Low Working Capital Requirements
Excellent Location (access to workers and markets) with long term lease
Income Summary:
Gross Sales $4,962,034
Discretionary Earnings $311,448
Assets Included in Price:
Inventory: $400,000
Furniture, Fixtures, Equipment & Vehicles: est. $545,000
Covenant-not-to-compete.
Transfer assistance.
Customer, supplier, product and employee based intangibles
Goodwill.
NOT Included
Cash, AR and other current assets, Real estate, Liabilities
For more information contact Al Statz, (707)778-2040, info@sunbeltvp.com. DRE #01338013
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