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37599-New England Motor Home Rentals-Sales $4.3M Assets

MA

Seller Financing Available
37599-New England Motor Home Rentals-Sales $4.3M Assets
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Asking Price: $5,299,000

Cash Flow: $1,052,792

Gross Revenue: $1,831,920

EBITDA: N/A

FF&E: N/A

Inventory: $4,332,000

Established: 1985

37599-New England Motor Home Rentals-Sales $4.3M Assets

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Business Description

Debt free! This well-known company specializes in motor home and travel trailer rentals and sales. Centrally located to four major city airports where they offer pickup or delivery, they are recognized as having the cleanest, safest, most well-equipped units in the industry, an important competitive advantage and one reason they have loyal, repeat customers.The primary products include Class A, B, and C motor homes, trailers, and toy haulers. The company operates from a two-acre property, available for lease or purchase. The facility includes service bays, parts storeroom, specialties room, storage yard, and office space. The company has a proven track record, supported by 35 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting individuals and corporations nationwide. Revenues have been increasing over the past four years due to an improving economy. Last year, the company’s total revenue was $1,831,920 with Seller’s Discretionary Earnings of $1,052,792. The company is now adding a focus on selling RV units as well as renting them which will provide ever increasing profits. The company has no debt and all inventory is fully paid and valued only at wholesale cost, so there is ample profit potential from the sale of units. A single unit averages rental income of four times its cost to the business. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Employees:
4
Financing:
Negotiable for the right buyer
Support & Training:
The owner is flexible for a standard or extended transitioning.
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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