Truck and Trailer Parts and Service Company

Truck and Trailer Parts and Service Company

Harvest Business Advisors is pleased to announce this listing currently has a Letter of Intent from a buyer.

A wonderful opportunity to take over a business that has real momentum.

This Washington DC area company offers superior parts and service for trailers, trucks and snow plows.

The company has an outstanding reputation of providing the highest level of service and support. Customers come from neighboring states to take advantage of the extensive inventory and top-level services the business offers.

Update on this opportunity in Northern Virginia — The Seller is now offering the prime real estate along with the business. Both the business and real estate have been pre-qualified for a SBA loan.

Asking Price: $1,250,000

Real estate can be purchased as well

Financial Metrics 2018 2017 2016 2015
Revenue $2,719,989 $2,593,349 $2,684,166 $2,367,355
Adjusted Seller’s Discretionary Earnings (SDE) $652,262 $493,314 $483,634 $441,730

Key Features:  

  • Strong revenue
  • Good profit margins
  • Great customer base
  • Capable staff who have signed non-compete and retention agreements
  • Customer base of 4,500
  • Excellent records
  • Outstanding reputation in the region
  • Offices and shop include 8,000 square feet of owned property

Cash Flow (2018): $652,2662

Revenue (2018): $2,719,989

Established: 1993

Employees: 5 Full-time, 1 Part-time

Reason for Selling: The owner is retiring but will stay on for a short period of time to train the new owner and transition clients.

The ideal buyer for this business has an interest in the repair and maintenance of trucks, trailers and boats and/or experience in a retail environment.

For a more in-depth discussion of this business,  please contact Richard Stopa at 703.307.1187 or RStopa@HarvestBusiness.com.

 

Clients choose Harvest Business Advisors for our accurate business valuations and our consistent ability to deliver a high price as part of a smooth exit transaction.
Harvest Business Advisors provides business brokerage, business valuation, and business succession planning services. We have extensive experience in the information technology and professional services, manufacturing, distribution, and contracting fields. We maintain offices in Maryland, New Jersey and Virginia.
Connect with us at info@harvestbusiness.com or 877-838-4966 to discuss selling your business, ordering a business valuation or buying a business.

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