PRICE DROP – Heavy Truck & Refrigeration Service in Androscoggin County, Maine – SBA Prequalified
Price: $499,000
Location: Androscoggin County, Maine
Industry: Transportation and Storage
Listing ID: CM32423
This profitable heavy truck service center includes an 8,000 square foot garage that is fully equipped to handle everything from engine and transmission replacements and rebuilds to truck body swap outs to welding and refrigeration services.
This is a one-stop shop for everything a heavy truck needs. Most service is done in-house, while some can be performed at the roadside by their trained technicians.
There is a large base of repeat business, gained over their 34 years in operation.
Disclaimer: Information and financials provided by the sellers and Inbar Group has not audited them.
Listing Details
Gross Revenue: $1,330,000
Cash Flow: $266,633
FFE: $333,000
Real Estate: $500,000
Terms and Conditions?:
Real estate might be available. Incidental to the sale of the business. Seller estimates the value at $500,000. Subject to commercial appraisal.
Reason For Sale:
Retirement
Training & Support:
The seller will stay on to assist with the transition.
Operation
Year Established: 1989
Days & Hours of Operation: Monday-Thursday 6am to 6pm
Owner Hours Per Week: 45
Non-Owner Payroll: $46,800
Employees: 10 FT, 2 PT
Managers: 2, co-owners
Location
Square Footage: 8000
Facilities Information:
Very large garage that can handle several big trucks simultaneously. Includes welding shop, hydraulics shop and refrigeration shop.
Summary
Potential Growth:
The seller states that there is more business available than they can handle. With additional staff and possibly an expansion of the building, the seller is confident that they could grow sales substantially.