Trailer Sales and Service Company Located in Central Maine

Price: $1,200,000

Location: Central Maine

Industry: Retail

Listing ID: CM110724

***This is a confidential sale, not necessarily in the indicated location. ***

This robust trailer sales and service company has been supplying work trailers, cargo trailers, livestock trailers, horse trailers and horse trailers with living quarters for decades. Second and third generations of buyers come back time after time because the company is focused on providing a very high level of service.

The company carries six different lines of new trailers and is still growing with YTD 2024 sales up over $300,000 vs 2023.

The company also offers on-the-spot bank financing to make buying fast and easy.

In addition to new trailer sales, the company will buy and sell used trailers as well as taking them in on consignment. Everything is done with an eye on making it easy to do business!

There is real estate available with this sale that includes almost 30 acres of land. There is a gravel pit that can be repurposed. There’s also 20’ of lakefront access that is owned outright (not a right of way).

Buildings on the property include:

• A 2,200 sq ft, newly-remodeled 3 bed, 2 bath ranch home which should bring about $3,000/month in rental income.

• A 41’ X 80’ horse barn with recent renovations.

• A 22’ X 122’ horse barn with stalls and a horse shower – potential additional income from boarding horses.

• There is a 1,600 sq ft caretaker’s apartment attached to this barn with a rental value of about $2,000/month.

• Service garage and sales office with 3 offices, bathroom, service bay and parts/utility room.

There’s lots of room to expand. Possibilities include selling open trailers, dump trailers, ATVs, UTVs, snowmobiles, dirt bikes, boats, jet skis – almost anything you can think of! The seller has so far insisted keeping this as a very small, family business, but the potential for expansion is endless!

Please Note that this business is owner operated and most likely not a fit for absentee ownership.

Financials

Purchase Price: $1,200,000
Cash Flow: $400,000
Gross Revenue: $2,300,000
Inventory: $320,000 (additional to the asking price)
Real Estate: $ 1,250,000 (Is available, incidental to the sale of the business, subject to commercial appraisal)
TOTAL ASKING PRICE - $2,770,000
Employees: 2 FT, 1 PT
Founded: 1986
Reason for Sale: Retirement

Gross Revenue: $2,300,000

Cash Flow: $400,000

FFE: $10,000

Inventory: $320,000

Real Estate $1,250,000

Reason for Sale:

Seller seeking retirement

Training & Support:

Current management of 33 years may be willing to stay on and will assist with the transition.

Year Established: 1986

Days & Hours of Operation: Mon-Friday 9am-5pm Saturday 9am -2 pm

Employees: 2 FT, 1 PT

Potential Growth:

Consider adding Additional Trailer lines