Truck Repair Company Providing Parts, Service & Sales

Mid West

Truck Repair Company Providing Parts, Service & Sales
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Asking Price: Get Financing: N/A

Cash Flow: N/A

Gross Revenue: $2,250,000

EBITDA: $100,000

FF&E: N/A

Inventory: N/A

Established: N/A

Truck Repair Company Providing Parts, Service & Sales

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Business Description

The Company provides commercial truck service and parts as well as sells pre-owned heavy-duty trucks and trailers. The Company’s mechanics are ASE certified. The Company is an authorized FleetCare Service Center, FleetPride heavy duty truck parts dealer, Idle Free APU distributor, and Mountain Tarp dealer. In 2016, revenue was derived from parts and service (73%), pre-owned truck sales (26%), and other sources (1%).

The Company differentiates itself in a fragmented and competitive market by its local ownership, small-business atmosphere, highly tenured employees, personalized service, superior ability to diagnosis/repair and locate hard-to-find parts, and commitment to provide very fast, high-quality repairs to get trucks back on the road.

Detailed Information

Competition:
* Strong Balance Sheet: As of September 30, 2016, shareholders’ equity (unadjusted) was $805,000. The Company’s current and quick ratios of 10.6 and 3.8, respectively at September 30, 2016 outperformed the industry benchmarks of 1.6 and 0.9, respectively. * Highly Experienced and Tenured Employees: The Company’s staff is experienced and tenured. The shop and parts foremen have been with the Company since 1997 and 2000, respectively. Mechanics are factory trained and ASE certified, and parts department employees are very knowledgeable. * Strong Supplier Relationships: The Company is an authorized dealer of FleetPride and Mountain Tarps, has a well-stocked parts room (all inventory paid for), and has many vendor contacts, enabling it to find even hard-to-locate parts. * Diversified Customer Industries: The Company serves customers in diversified industries, mitigating risk from being dependent on one or just a few markets.
Financing:
Negotiable
Support & Training:
As needed
Reason for Selling:
Pursue other interests
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Doug Smith

Business Listed By:
Doug Smith

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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