Listing ID: 75113
PRICE DROPPED $150,000 – New Year New Biz Ops – Very Profitable & MOTIVATED Seller of a Large Diesel Semi-Truck Repair Shop & Mobile Mechanics Service includes 6 Acres of Property and 12,000 sq. ft. Building
Located in Central Mohave County, between Phoenix and Las Vegas. They currently do about $130k a month in business with some nice profits. They carry about $300k in parts inventory (not included in sale price)and have plenty of growth potential!!
They are a full-service Semi-Truck diesel repair shop with three (3) mobile service units available 24 hours a day. Their mechanics are well equipped with computer diagnostic equipment and all the proper software. They also do all trailer repairs including. Presently, they are doing inspections and repairs on all forms of vehicle apparatus at customer’s sites & large over-the-road fleets. Although they are not an authorized Warranty site they handle all makes and models from Kenworth, Cummins, Freightliner, International and many more.
They have been in full operations located off the I-40 between Phoenix and Vegas in the heart of “Truck Route” for the past 8 years as a mobile service company with the past 3 years having a large 10 bay facility of about 12,000 sq/ft with a 5 ton crane in a very convenient location with plenty of parking for the Tractors and Trailers if needed on their near 6 acre lot for additional possibilities of adding buildings or for more parking & storage. The facility can definitely accommodate their growing business with concrete aprons on both sides of the building to be able to work on up to another 10 trucks. As a local resident owner, this All-American family run, small business, presents a comfortable and honest setting for their customers.
Throughout Central Mohave County, Some of the Services offered:
Engine Service and Repairs including replacement if necessary, Tire Repair and Replacement (they are NOT a tire shop), Brake and Steering Service and Repair, Electrical Repairs, Transmission Service Repair, Oil Changes & Trailer Repair.
- Asking Price: $2,300,000
- Cash Flow: $330,000
- Gross Revenue: $1,500,000
- EBITDA: N/A
- FF&E: $300,000
- Inventory: $300,000
- Inventory Included: N/A
- Established: 2012
- Property Owned or Leased:Own
- Property Included:Yes
- Building Square Footage:11,771
- Lot Size:N/A
- Total Number of Employees:8
- Furniture, Fixtures and Equipment:N/A
A very large 3-year old build-out of a 10 bay facility of about 12,000 sq/ft with a 2 ton crane, new Swamp Coolers and plenty of apron concrete pad to work on vehicles. Has three restrooms, large parts room, Parts sales counter, large waiting area, and office space. Has a second floor started and capable to be finished at 120lbs / sq ft. strong! It is in a very convenient location with plenty of parking for the Tractors and Trailers if needed on their near 6 acre lot.
Seller is extremely open to making this a very smooth transition
Has other businesses to work on
The business strength lies within its name with several key factors: • It is a well-established shop with a great following of repeat customers over the course of 8 years of mobile service and the 3 years of the brick an mortar business. • Through prompt, quality work at fair prices, they have earned an excellent reputation with customers (4.5 customer rating). • This business is superbly located on a main traffic artery which provides them outstanding visibility in Central Mohave County, Arizona. The company possesses one of the knowledgeable Owners in the industry, with years of combined experience, along with a well-qualified, well-trained team of technical repair experts
Growth Opportunities Continue the upward trend with Sales and Discretionary Cash Flow Sales have increased year on year in the last three years. 2018 was a record sales year and continued thru 2019! Increase the wide range of Over The Road & Semi-Truck and Trailer Repair Services with added Social Networking and Create Customer Data Base Platform. Add additional Certified Technicians as you grow.
The business was founded in 2012, making the business 10 years old.
The transaction doesn't include inventory valued at $300,000*, which ins't included in the suggested price.
The company has 8 employees and is situated in a building with estimated square footage of 11,771 sq ft.
Why is the Current Owner Selling The Business?
There are all sorts of reasons people decide to sell businesses. Nonetheless, the real factor vs the one they tell you may be 2 absolutely different things. For instance, they may claim "I have way too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But also, for some, these may simply be excuses to attempt to hide the reality of altering demographics, increased competitors, recent reduction in incomes, or a range of various other factors. This is why it is extremely essential that you not count absolutely on a vendor's word, but rather, use the vendor's solution together with your total due diligence. This will paint an extra practical picture of the business's present circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will certainly have reason to consider this when valuating/preparing your offer. Lots of companies finance loans in order to cover points like stock, payroll, accounts payable, etc. Remember that in some cases this can suggest that revenue margins are too tight. Lots of companies come under a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or may cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the area draw in new customers? Most times, companies have repeat consumers, which form the core of their daily profits. Particular aspects such as brand-new competitors growing up around the area, roadway building, as well as employee turnover can influence repeat consumers and also negatively impact future earnings. One crucial point to consider is the location of the business. Is it in a very trafficked shopping mall, or is it hidden from the main road? Certainly, the more people that see the business often, the better the opportunity to develop a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it located on the outskirts of town? How might the neighborhood average house income impact future earnings prospects?