Listing Number: 3953-705559
Description
Midwest regional truck, snow & lawn equipment company servicing private and public customers specializing in the sale, service & leasing of large equipment used by municipal/public road and turf maintenance departments.
Great revenue track record.
Company has delivered consistent and predictable results and is a great platform to build on.
Seasoned operating team. Company’s day-to-day operations are managed by key employee of 24 years who serves as GM. Owners are involved in running the day-to-day operations. Most employees have been with the Company for 5-10 years.
Company offers an attractive product line for service, and new and used sales.
Company's primary customer sector is public and that makes up majority of annual sales. Top five customers make up over one-third of annual revenue.
Owners have grown this business with expertise and consistent delivery of excellence to their customer base. The current platform is perfect for expansion and growth.
Please note, list price of $1.125M does not include estimated non-cash working capital of $625k.
Listing Details
- Price: $ 1,125,000
- Down Payment: $1,125,000
- Sellers Discretionary Earnings: $ 334,137
- Total Sales: $ 2,744,466
- Location: Illinois
- Inventory: $ 300,000
- FF&E: $ 460,000
- Employees: 7
- Year Established: 1998
- Reason for Selling: Retirement
- Category: Equipment S & S,Automotive
