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Heavy Industrial Bus and Over-Sized Vehicle Repair Business

Cook County, IL

Heavy Industrial Bus and Over-Sized Vehicle Repair Business
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Asking Price: $4,850,000

Cash Flow: $2,164,936

Gross Revenue: $5,908,364

EBITDA: N/A

FF&E: $1,010,000

Inventory: $375,000*

Rent: $31,101.41 /Month

Established: 2002

*not included in asking price.

Heavy Industrial Bus and Over-Sized Vehicle Repair Business

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Business Description

Heavy Industrial Bus and Over-Sized Vehicle Repair Business

Once in a lifetime opportunity to own one of the largest repair facilities in the Chicago bus and over-sized vehicle industry. This business has the location, infrastructure and workforce to bid and win major contracts throughout the Midwest. With a 16 year history of delivering impeccable quality and treating people right, this business has established itself as a leader in the industry, capable of taking on the largest contracts and delivering results. Their track record of success gives them the ability to continue winning the major re-manufacturing contract in the region. No other shop can compete. With over $2 MM in cash flow in 2018 and a strong pipeline, this is a rare acquisition opportunity poised for growth. The seller is committed to providing a successful transition and the manpower is there to keep the operation going seamlessly. Inquire to sign an NDA and receive the prospectus.

Detailed Information

Location:
Cook County, IL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
60,000
Lease Expiration:
4/30/2020
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
60,000 SF building with high ceilings, ample electrical service, air compressors, large paint booth, loading dock, over-sized vehicle alignment equipment, retrofitted to support the operation. Also includes an office space.
Competition:
Local market leader with the only facility capable of handling major re-hauls in a timely manner.
Growth & Expansion:
Current owner does very little marketing or dedicated sales. Adding a business development initiative would directly impact top line revenue growth.
Support & Training:
Seller is committed to a successful transition training and ongoing support. 2 of the owners will be willing to stay on.
Reason for Selling:
Retirement.
Business Website:
http://lighthousebusinessbrokers.com/listings/17519
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(from currently available funds)
 
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Andrew Rosenthal

Business Listed By:
Lighthouse Business Brokers

Lighthouse Business Brokers

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