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Heavy Duty Truck Repair and Parts Sales
| Asking Price: | Not Disclosed | Inventory: | |
| Gross Revenue: | $2,200,000 | Real Estate: | n/a |
| Cash Flow: | $77,727 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
The March Group currently represents a full-service, 15 bay heavy-duty truck repair (37 percent of revenue) and parts sales (63 percent of revenue) service center. The Company’s experienced mechanics are equipped to service a variety of segments, including light duty, heavy duty, industrial, and farm equipment diesel engines, as well as trailer fabrication/repair and hydraulics service. Parts are sold over the counter, through the service department and through an outside sales representative.
About the Business
Year Established:2001
Employees:18 full time -
Facilities:Company headquarters occupies a modern and newly built 17,280 sq. ft. facility situated on more than six acres of land with a large paved parking area. The facility offers 15 service bays, a 20,000-lb. overhead crane for easy movement of engines, and a parts warehouse with service counter. The facility is leased from a related entity. The estimated fair market value of the land and buildings is $1.5 million.
Market Outlook and Competition:The Company is the only Cummins dealer within a 35-mile radius, the only heavy-duty truck repair shop within 25 miles, and the only McCormick dealer within 90 miles.
About the Sale
Management Training and Support:Given an agreeable deal structure and compensation package, the shareholders are amenable to remaining through a reasonable transition period.
Reason For Selling:Lacks adequate capital to aggressively pursue growth opportunities
KEYWORDS: Heavy Duty Truck Repair, Parts Sales, Service, McCormick Tractor dealer, Cummins, Freightliner, Sterling
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