Very Profitable Established Mobile Fleet Services Biz- SBA approved

Alameda County, CA

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Asking Price: Get Financing: $449,000

Cash Flow: $201,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: $54,100

Inventory: $5,000

Established: 1995

Very Profitable Established Mobile Fleet Services Biz- SBA approved

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Business Description

Recurring revenue stream!

Founded in 1995, this company provides fleet maintenance and service to commercial fleet vehicles (mostly medium duty trucks) around the greater San Francisco Bay Area for several large companies. It all starts with a strong relationship built on trust and communication with their customers, most of whom have been customers for more than twenty years. Add in prescheduled service, top quality work, and the best parts and you end up with a steady cash flow each month!

The two owners conduct regular inspections and customized reports to keep their customers on top of repairs and services coming due like brakes, belts, hoses, etc. They have never lost a customer due to poor customer service or cost discrepancies. They are always looking for ways to help their customers run their fleet more safely while keeping costs down.

Sales have grown consistently every year, and with earnings of $201K in 2017, this business will pay for itself in just over 2 years! Significant growth opportunities exist with just a little marketing and adding technicians. Their only marketing has been word of mouth!

This opportunity is ideal for a master mechanic who is looking to own their own mobile fleet business and can hire an additional mechanic, or business partners who can split duties (like the sellers do now). A solid background in automotive repair is required.

The sellers are looking to retire from the business. They are very willing to stay through a transition period and do what it takes to insure it is successful! List price is $449,000 which includes inventory and all equipment including two fully equipped service trucks.
The business is SBA pre-approved with a 10% down payment for a qualified buyer.
Please contact Ron Schwab at 925.304.2175 or email ronschwab1@gmail.com for additional information.

Detailed Information

Inventory:
Included in asking price
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
They rent a storage container at a secure location for storing oil that requires hazardous disposal. Otherwise they take their service vehicles to the customers" locations.
Competition:
There really is no known competition in their space. Relationships and specialty services keep barriers to entry in place.
Growth & Expansion:
Sellers have never done marketing other than word of mouth. No website, social media, nothing. A buyer could systematically turn on marketing and grow the business while service technicians are brought on board.
Support & Training:
The owners are offering 80 hours of training at no charge. In addition, they are very willing to stay through a transition period and do what it takes to insure it is successful transition.
Reason for Selling:
Retirement
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Ron Schwab

Business Listed By:
Ron Schwab

Nor Cal Business Sales

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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. Indicates membership in The California Association of Business Brokers (CABB). The CABB Certified Business Broker (CBB) certification distinguishes its holder as a seasoned professional who has a solid educational background, proven accomplishments in completing deals, and an active membership in the CABB.


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