Trailer Dealership for Asset Value Only
Baldwin
County, Alabama
Financials
Asking: $135,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $35,000
Inventory: $105,000
Gross: $621,399
Cash Flow: $75,424
Summary
Description
This trailer and portable buildings dealership is available only because of the
medical retirement of the owner. The owner has decided to sell the company at
asset value, which means that hard assets of inventory and equipment cover
total investment.
The company sells utility, enclosed and dump trailers plus a
profitable line of portable buildings. In its 9 years, the dealership has
become known for this fair pricing and large inventory of all types of trailers
and portable buildings.
The company operates from a high visibility location on the major
US highway in the area. Overhead is extremely low. The property in leased from
an unrelated party for only $650 per month with an extension of the lease term
available for a new owner.
Several avenues of expansion are available that have not been
pursued by the current owner due to health and age. These include adding
products such as small tractors, golf carts, mini bikes, electric scooters,
4-wheelers and camper tops. Also, the owner says he is turning down daily
requests for hitch installations, truck accessories and trailer repairs that
could be added by a new owner.
The owner keeps excellent books and records, all of which will be
available to a prospective buyer. The baseline net cash flow to owner in a
normal year is approximately $75,000. However, in hurricane years, the business
profits handsomely from the increased demand for trailers. In 2004, the net
cash flow to the owner was $163,000 and in 2005 it was $291,000.
If you have an interest, please do not delay in contacting William
Bruce at (251) 990-5910 or by email at WilliamBruce@bellsouth.net.
About
the Sale
Financing: Seller can offer $35K in financing.
Contact
Information
William Bruce, ABI
Sunbelt Business Brokers
Phone: 251.990.5910