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Sale Pending

Established Trailer Dealership for Sale


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usiness Description

Priced to sell fast!

Offered at a compelling 1.8 times earnings, this exceptional trailer dealership presents a lucrative opportunity for prospective buyers. Specializing in the sales and maintenance of a diverse range of trailers, from enclosed cargo and auto trailers to steel and aluminum utility trailers, and dump trailers, this business also provides an extensive selection of trailer parts, accessories, and towing equipment.

Financials are based on the 2023 cash basis P&L, with the listed price encompassing both the trailer and parts inventory. The price includes $450,000 worth of trailer inventory and $80,000 worth of parts inventory.

With the current owner eyeing retirement, they seek a successor to lead the business forward. The business's location is flexible, offering the option for relocation to benefit from reduced rental costs. Alternatively, the existing retail dealership property is available for rent below market value for two years or as part of the purchase. It's believed that the property's highest and best use lies in its potential for commercial redevelopment.

Key highlights of the business include its decades-long operation, boasting a customer database of over 12,000 loyal patrons, as well as a strong base of repeat business and referrals. Offering comprehensive services and serving multiple states, the business benefits from an established regional presence. A skilled team is already in place, supported by meticulous financial records and a commitment to online presence through various URLs.

As the current owner prepares to retire, this well-established trailer dealership presents a prime opportunity for growth and prosperity under new ownership.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
4,000
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business can be moved or the real estate can be purchased.
Growth & Expansion:
In addition to creating an active sales and marketing campaign, enhancing the management of the service department would have a significant positive impact on service revenues. Currently, there is a lack of a CRM platform for managing billable hours and appointment scheduling. Improving the supervision of technicians would increase their efficiency. Moreover, establishing a dedicated "Parts Department" presents a promising opportunity.
Support & Training:
The Seller will provide proper training and an orderly turnover to help ensure a smooth transition and is willing to remain for up to 6 months to train on the product and ordering process as well as the legal documentation aspect for the sale of a trailer and to give the purchaser an overview of their customer’s expectations and needs. Purchaser needs dealer license.
Reason for Selling:
Semi-retirement and to spend more time with family.
Business Website:
https://wrightbusinessadvisors.com/
 
 

Wayne Wright, CBI, CM&AP, MCBI

Business Listed By:
Wayne Wright

Wright Business Advisors

 
 
 
 
 

Wayne Wright, CBI, CM&AP

Business Listed By:
Wayne Wright

Wright Business Advisors

 

Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Colorado Association of Business Intermediaries (CABI).

 


Listed By: Wayne Wright

Background information

Reference:

21932237-WW

Finance

Sales:

Undisclosed

Profits:

Undisclosed

Profit type:

Undisclosed

Price and terms

Price:

$5,300,000