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Trailer, Hitch and Plow Company

Charles County, MD

Trailer, Hitch and Plow Company
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Asking Price: $324,000

Cash Flow: $216,000

Gross Revenue: $2,110,000


FF&E: $194,549

Inventory: $496,000*

Real Estate: N/A

Established: 1994

*not included in asking price.

Trailer, Hitch and Plow Company

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Business Description

The subject company provides trailers, snow plows, parts, accessories, installation and service to landscapers, homeowners, car dealers, and the military across Southern Maryland.

Boasting a 25-year history of continued success, year-end cash flow for 2018 is $216,181 which is a 10% increase over the prior year.

With a solid staff of 7 in place, including a General Manager and Assistant Manager, two high-level sales staff, and shop staff, the company has a solid infrastructure for growth.

The company stocks hundreds of trailers from 11 manufacturers and a full line of snow plows and salt spreaders from the 3 top tier brands.

Products at a Glance:
• Trailers
• Tow Bars
• Hitches and Wiring
• Full Towing Packages • Snow Plows
• Ice Control Equipment • Spreaders
• Truck Accessories
• Winches
• Toolboxes

Services at a Glance:
• Installation and Configuration
• State Inspection
• Repairs and Service
• Financing

The asking price for the business is $324,000 plus Inventory of $496,000 (to be adjusted based on actual inventory as of closing). The business has been pre-screened for SBA-backed financing by SunTrust bank at this asking price.

Detailed Information

Charles County, MD
Not included in asking price
Real Estate:
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Business operates from a well-established 11,000 square foot facility generating repeat and walk-in business from the community. The property is available for lease or may be purchased separate from the business transaction.
Competition is meaningful but not excessive. And, being the largest in the area, with a strategic location, the business handles competition well with an excellent reputation and local name recognition.
Growth & Expansion:
Could expand store hours, open on Sunday, and add trailer rentals as a new service. Also, could add RV sales, repairs, accessories, and installation - there is very little competition in the area and facility can accommodate RVs without additional building. Another area for expansion could be offering rollout Dumpsters to residential customers.
Support & Training:
The owners are flexible and will provide support and training as needed by the new owner. And, they have established a General Manager and Assistant Manager as the primary operators so, the transition to a new owner is expected to go smoothly.
Reason for Selling:
The owners desire to retire.
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(from currently available funds)
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Jeffrey Hider, CBI, CBC, CBB

Business Listed By:
Jeffrey Hider

The THOR Group LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

Listing Statistics


Demographic Information


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