Established Utility Truck Equipment Sales and Rental

Business
  • Listing# : 15819
  • Listed Price : $3,300,000
  • Total Sales : $4,899,360
  • SIC : 7359
  • Down Payment : $3,300,000
  • Status : Active
  • Discretionary Earnings : $964,535

Business Type :

Automotive / Truck Dealership

Business Description :

This opportunity is an outstanding well established, cash flowing, Utility Truck Equipment Sales and Rental business with significant upside growth potential.

In addition to sales of fully refurbished top-quality utility trucks (bucket trucks, digger derricks, and utility equipment) this company functions as an equipment rental dealer to a loyal customer base developed over the past quarter century. Their worldwide customer base includes power line contractors, electric contractors, towns, colleges, municipalities, telephone companies, sign companies, sign construction companies, cooperatives, utilities, lighting companies, oilfield service, tree care, landscape, construction contractors, building maintenance, road repair, and many more.

While the sales of refurbished utility trucks and equipment is a cornerstone for this business, the real “magic” that makes the cash flow happen is the lease and re-selling of refurbished inventory.

A review of the historical sales and lease history reflects range of total equipment investment ROI averages over 50% of cost. (including all historical repairs and parts). In addition to the outstanding ROI there is a “best in class” online software platform that the owner developed to manage all product inventory detail down to a very granular detail, in all respects that has an app that can set on your phone.

This company has reached the enviable position of having the ability to grow their business largely through word of mouth, based on their excellent reputation for first class service. They are able to capitalize on one of the most robust online platforms and highest possible online search results for the equipment they sell and lease. They have consistently proven to be a highly recession-resistant business with excellent upside potential.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $1,755,749
    • Incl : Yes
    • Liabilities $1,418,465
    • Incl : Yes
    • FF&E $169,354
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $1,001
    • Incl : No
    • Total Assets $1,925,103
    • Incl : Yes

Lender Prequalified: No

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