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Utility and Commercial Used Truck Dealer

UT

Utility and Commercial Used Truck Dealer
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Asking Price: N/A

Cash Flow: $342,000

Gross Revenue: $5,500,000

EBITDA: $342,000

FF&E: N/A

Inventory: N/A

Established: N/A

Utility and Commercial Used Truck Dealer

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Business Description

The Company is a dealer of used heavy duty work trucks, including mechanics trucks, utility trucks, tractor/cabs, and other trucks. Inventory is acquired on a regular basis through several heavy duty truck and equipment auction houses. The Company typically targets used/not running equipment that needs repair/retrofit/upgrades, and/or models with specific customer demand, where there is sufficient expected margin after retrofits. The Company sells direct to the retail buyer. Its customers are typically small businesses or owners, tradesmen, contractors, and other specialty service providers.

Investment Considerations:
• Effective Marketing Platform: The Company’s up-to-date website has been continually maintained and upgraded for usability, detailed product information, and sales lead interface functions.
• Niche Market Expertise: The Company occupies a niche, offering a compelling value proposition in retrofit/reconditioned vehicles, which compete with new vehicle quality at significantly lower price points. The Company has well-developed inventory acquisition sources and strategies, and a track record of profitable sales.
• Diversified Database: The customer database totals over 700, with 100 to 140 active/recurring, distributed among construction (35% of sales), mining (20%), trucking (20%), agriculture (15%), and other markets (10%).

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(from currently available funds)
 
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Chad Comroe

Business Listed By:
Chad Comroe

Generational Equity, LLC

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Sponsoring Broker:
Lisa Lippe

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