Business Summary:
AUTOMOTIVE: Founded in 1938, the company has been at its current location since 1970. The current owner has been in the business since 1973. This business – to – business serves operators of towing services and related businesses like salvage yards, plus roll – off container truck operators in the Greater St. Louis area. On top of the steady of provision of parts and service to repair and maintain existing customer vehicles, the company designs, builds and paints new trucks per customer specifications. The owner is ready to retire from the responsibility of ownership, but more than willing to stay on for training new owner and if advantageous, beyond that in a productive capacity in sales and / or service. The two employees, one in inside sales and administration, one in the shop wish to remain. Major competitors are more than 30 miles from St. Louis city, even outside of St. Louis County! The Jerr – Dan towing platform truck dealer in St. Louis does not perform service and refers business to the company, who has extensive experience with Jerr- Dan and is a former dealer themselves. There is plenty of capacity for growth that would come from “knocking on doors” to increase prospective customer awareness. The real estate fronts on a heavily traveled St. Louis artery in a commercial – industrial area. The property has two buildings. The first hosts sales, administration and parts. The second is the shop containing necessary equipment, tools, a one – ton crane and 5 bays. The company is a long time going concern with real estate that will pay for itself.
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