Business Summary:
This trailer and portable buildings dealership is available only because of the medical retirement of the owner. The owner has decided to sell the company at asset value, which means that hard assets of inventory and equipment cover total investment. The company sells utility, enclosed and dump trailers plus a profitable line of portable buildings.
In its 9 years, the dealership has become known for this fair pricing and large inventory of all types of trailers and portable buildings.
The company operates from a high visibility location on the major US highway in the area. Overhead is extremely low. The property in leased from an unrelated party for only $650 per month with an extension of the lease term available for a new owner.
Several avenues of expansion are available that have not been pursued by the current owner due to health and age. These include adding to the products offered such lines as small tractors, golf carts, mini bikes, electric scooters, 4-wheelers and camper tops. Also, the owner says he is turning down daily requests for hitch installations, truck accessories and trailer repairs that could be added by a new owner.
The owner keeps excellent books and records, all of which will be available to a prospective buyer. The baseline net cash flow to owner in a normal year is approximately $75,000. However, in hurricane years, the business profits handsomely from the increased demand for trailers. In 2004, the net cash flow to the owner was $163,000 and in 2005 it was $291,000.
The seller will fully train a new owner in all aspect of the business.
A business with this record and at this asset only price will be sold quickly. If you have an interest, please do not delay in contacting William Bruce at (251) 990-5910 or by email at WilliamBruce@bellsouth.net.
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