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Midwest Based Commercial Vehicle Sales & Service For Sale

US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$14,756,123
Cash Flow:
$1,079,102

This Midwest based multi location commercial vehicle dealership with its robust service capabilities has been in business for over 40 years. Although known primarily as a dealership of premiere industry brands, the company offers comprehensive fleet services making them unique compared to their competitors.

The company was recently awarded the majority of state DOT multi-year vehicle contracts. This translates to securing an estimated 80% of all sales generated through their state's contract. We're projecting this will result in revenue growth for new vehicle sales over a 3-5 year period.

The company launched a new product line in 2023 on the heels of a successful 2022 launch of a program focused on the complete restoration of older model vehicles. Evolving to the needs of the market has been a constant theme with this company and is part of what has made them a resource for their customers who are looking for solutions.

Property Information

Real Estate:

Real Property Included

Premises Details:

The company operates out of multiple facilities in the Midwest. Two of the company facilities are owned by the seller and are available to purchase or lease.

Business Operation

Competition / Market:

In their primary state of operation the company has exclusive dealership rights for several brands. They are able to sell new vehicles on the retail level nationwide in addition to several other products and services. While this company is not the largest provider of products and services in their industry, they do stand on equal footing when it comes to service and quality.

There are several segments of the industry where the company participates. The bus industry is expecting to see 5.7% CAGR through 2030 which projects to a growth in industry revenues to an eventual $11.2 Billion. Full size vans and Mini-vans are also forecasted to grow industry wide by an additional $1.6 Billion through 2027.

Reasons for selling:

Managing partner retirement.

Trading hours:

Monday-Friday 7:30am-4:40pm

Employees:
25 FT
Years established:
44

Other Information

Furniture / Fixtures value:
$262,791 - included in the asking price
Inventory / Stock value:
$1,330,793 - included in the asking price
Relocatable:
This business can be relocated.