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Refrigeration Vehicles For Rent Or For Sale

Pierce County, Washington, US
Asking Price:
$2,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,687,402
Cash Flow:
$902,660

This business is a local leader in a niche industry that specializes in the rental of refrigeration equipment, specifically, refrigerated trucks, vans, and trailers for the food and beverage industry, the festival and event sector, and various other industries that regularly require mobile and stationary refrigeration.

They offer mobile walk-in coolers and freezers, draft beer trailers, ice trailers, vans, and trucks, in short, equipment used for storing and transporting fresh and frozen perishable goods. They, also, carry an inventory of new refrigeration vehicles for sale.

Property Information

Real Estate:

Lease

Premises Details:

There is approximately a half acre fenced yard, with an automatic gate entrance. A 10x32 trailer houses the office and the are three 40' shipping storage containers and a covered wash bay.
The Owner leases back the facilities to himself. (The property can also be available in the sale at an additional appraised value)

Business Operation

Expansion Potential:

Being very well established in the "Festival and Events Industry", areas of growth are in the non-event business sector, which includes commercial kitchens at Restaurants, and most food service facilities. There is room for expansion into other regional markets around Washington State, as well as, neighboring states.

Competition / Market:

The main competitors are the major national truck rental companies who dedicate a small percentage of their fleet to refrigerated rentals, while the business is 100% refrigerated rentals. Other competition is a handful of local operators while, lesser competition is Beer distributors who have their own refrigerated trailers and a handful of refrigeration repair companies that own refrigerated trailers for rent.

Reasons for selling:

Owner is retiring.

Trading hours:

Mon-Fri 8am-4:30 pm: After hrs. service available

Employees:
3 FT/3 PT
Years established:
18

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:
$872,681 - included in the asking price
Inventory / Stock value:
$87,060 - included in the asking price
Relocatable:
This business can be relocated.