Hitch Sales & Installation

Saint Petersburg, FL (Pinellas County)

Hitch Sales & Installation
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Asking Price: $150,000

Cash Flow: N/A

Gross Revenue: $400,000

EBITDA: N/A

FF&E: $31,000

Inventory: $9,000

Real Estate: $875,000*

Established: 1989

*not included in asking price.

Hitch Sales & Installation

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Business Description

Trailer hitch sales, installation and custom built

Hitch King has been a well-known and respected name for over 30 years. Originally started in a home garage, the business has grown and moved, yet the customer base continued to follow. Hitch King services most local dealers in the neighborhood and is centrally located to I275/ US19, close to Tampa, Clearwater, and Pinellas Park. Hitch King carries CURT products and hitches, as well as Reese and Draw-Tite hitches and parts. The company also offers custom built trailers and trailer repairs. Hitch King specializes in Blue Ox dingy towing kits for vehicles for towing behind an RV. The current owner has continued to run the business debt free for the past 10 plus years. Property also for sale (11,200 sf building), contact agent for details.

Annually increasing owner benefit
Annual Gross around $400,000+
Multi-faceted income stream
Well-established name with loyal customer base
Sale price: $150,000 (business only)
Includes over $9,000 of inventory & over $31,000 in FF&E

Attached Documents


Detailed Information

Location:
Saint Petersburg, FL
Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
11,200
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Purchase of business includes an estimated $31,000 in fixtures, office equipment, display racks, hand and pneumatic tools, forklift and steel drive on ramps.
Support & Training:
Seller will train buyer for two weeks at no cost.
Reason for Selling:
Retirement
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Business Listed By:
Alana Crumbley

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