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$499K for NW AR Diesel Truck/Equip Repair business $800K/180K net!!!

Mountain Home, AR (Baxter County)

Seller Financing Available
$499K for NW AR Diesel Truck/Equip Repair business $800K/180K net!!!
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Asking Price: $499,000

Cash Flow: $180,000

Gross Revenue: $800,000

EBITDA: $180,000

FF&E: $150,000

Inventory: $50,000

Real Estate: $500,000*

Established: 1982

*not included in asking price.

$499K for NW AR Diesel Truck/Equip Repair business $800K/180K net!!!

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Business Description

This 36 year old company provides diesel truck and engine repair and the only 24hr roadside/wrecker service in 50 sq mi radius. Business has a seasoned shop foreman with 2 other diesel mechanics(60+ yrs combined experience) for 5 FT employees with very low operating costs and a recognized diesel engine/equip repair market leader. The company has had more than 30% growth over the last 3 years! With over 15 million diesel tractor rigs in the US, diesel repair business is forecast to grow 3-5% annually over the next several years. The company is in a very strong position to continue to grow 20-30% annually due to the growth of several key customers and the addition of tractor trailer tire repair service. There are also strong opportunities to develop new business due to the robust and dynamic economy of the resort/retirement metro of Mtn Home, AR. The business is only a few miles from major highways and highway arteries and the low cost of living, minimal competition and existing labor force make the location very attractive. The owner will provide extensive training and support during the transition. The business is priced at $499,000(3X multiple) including over $200K in equipment and inventory! 10% down SBA financing avail today!!! 6000 sq ft Bldg./Ofc. and 2300 sq ft home office on 2 acres prime Ozark Norfork Lake real estate avail also. Please call Jay Shrewder today for more information 918-230-9813!!!

Detailed Information

Location:
Mountain Home, AR
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
8,300
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
6000 sq ft Bldg/Shop with Office + 2300 sq ft home/ofc on 2+ acres
Competition:
No direct competition within 50 sq mi radius of Mtn Home, AR for 24hr roadside service.
Growth & Expansion:
Diesel repair industry growing at 5% annually due to economy and shipping increase. This company has made a profit every year for last 20 yrs!
Financing:
15%
Support & Training:
Seasoned shop manager/diesel mechanic will stay on under employment contract. Owners will provide 30 day training as well.
Reason for Selling:
retirement
Business Website:
http://Bakertruckrepair.com
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Jay Shrewder

Business Listed By:
Jay Shrewder

Global Business Brokers LLC

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