Auto-Related Business

ME

Auto-Related Business

Asking Price:$990,000

Cash Flow:$220,530

Gross Revenue:$2,986,364

EBITDA:N/A

FF&E:$877,500

Inventory:N/A

Real Estate:$410,000*

Established:1995

*not included in asking price.

Auto-Related Business

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Business Description

This transportation company has two distinct client bases - one seasonal and the other local relationships. As one of the top businesses in the industry in the state, their reputation is well known.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
11 & owner
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business can be relocated however this facility serves the business' well being and is centrally located. The building consists of a large garage area for the mechanics to support the fleet of vehicles and office space to provide management proper environment for staff needs.
Competition:
The client base is well-diversified, with the top 5 clients only accounting for 23% of total revenue and averaging over 900 clients in the last two years. Fuel cost is always a concern in this industry.
Growth & Expansion:
A simple marketing campaign could easily generate a larger client base. Even though they own over 50% of the market, the lack of advertising hides them from the public eye. Additionally, a great opportunity exists because of the weakness currently demonstrated by the main competition. These two opportunities run hand-in-hand, as it appears that many clients only use the competitor until they are referred and should it be readily apparent that there is an alternative, it is probable many clients will look to them for the improved customer service and competitive pricing.
Support & Training:
Will provide a minimum of 2 weeks however may offer more assistance in the transition period based on needs.
Reason for Selling:
Retirement

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Craig Church

Business Listed By:
Craig Church

Magnusson Balfour Commercial & Business Brokers

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Sponsoring Broker:
Scott Balfour

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