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Profitable Heavy Truck And Refrigeration Service In Androscoggin County For Sale

Androscoggin County, Maine, US
Asking Price:
$499,000
Sales Revenue:
$1,330,000
Cash Flow:
$266,633

SBA Pre-Qualified

This profitable heavy truck service center includes an 8,000 square foot garage that is fully equipped to handle everything from engine and transmission replacements and rebuilds to truck body swap outs to welding and refrigeration services.

This is a one-stop shop for everything a heavy truck needs. Most service is done in-house, while some can be performed at the roadside by their trained technicians.

There is a large base of repeat business, gained over their 34 years in operation.

Financials
Purchase Price: $499,000
Cash Flow: $266,633
Gross Revenue: $1.33M
Inventory & FF&E: $333,000 (not included in sale price)
Real Estate: $500,000 (not included in sale price)

Business Details
Employees: 10 FT, 2 PT
Payroll: $46,800/month (including owners)
Founded: 1989
Reason for Sale: Retirement
Training & Support: The seller will stay on to assist with the transition.
Opportunities for Growth: The seller states that there is more business available than they can handle. With additional staff and possibly an expansion of the building, the seller is confident that they could grow sales substantially.

Real Estate might be available. Incidental to the sale of the business. Seller estimates value at $500,000. Subject to commercial appraisal.

Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.

Property Information

Location:

Androscoggin County, Maine

Business Operation

Expansion Potential:

The seller states that there is more business available than they can handle. With additional staff and possibly an expansion of the building, the seller is confident that they could grow sales substantially.

Reasons for selling:

Retirement

Employees:
10 FT, 2 PT
Years established:
1989

Other Information

Support & training:

The seller will stay on to assist with the transition.

Financing available:

SBA Pre-Qualified

Furniture / Fixtures value:
$333,000