Truck Body Fabrication & Repair Servicing PSE&G
Truck Body Fabrication & Repair Servicing PSE&G & Other Large Clients
Exceptional Current Income with Massive Growth Avenues
Highly In-Demand Welding and Fabrication Business servicing commercial truck fleets. Fully staffed with highly-skilled and dedicated workers, all machinery, equipment and around $300k in inventory that will possibly be included as part of the ask price.
Current owner is ready to retire but (if younger) would be going after countless municipal clients from Long Island snow plowing trucks to park departments to anything else imaginable with fleets that need maintaining (which in the North East is CONSTANT demand year round.
The opportunities for expansion are growing FAST as there's fewer and fewer companies offering these services but demand is increasing.
Seller will provide ample transitional support as well as share insights and industry contacts as to where additional, highly-lucrative potential contracts can be pursued.
Services include:
CUSTOM BODIES
METAL FABRICATION
WELDING STEEL AND ALUMINUM
EQUIPMENT INSTALL: LIFTGATES, CRANES, HOOKLIFTS, ROLLOFFS, LADDER RACKS, BOX TRUCKS, BACK UP CAMERAS, CUSTOM SHELVING
Customers come from a wide variety of industries, including truck dealerships, utility companies, landscaping companies, construction and building material companies, tree service companies, delivery companies. Company holds an ongoing contract to maintain PSE&G electric company’s fleet.
Well-established and highly profitable business ready to hand over to the next owner. Demand for services remains constant, with plenty of work for all the shops in the area. Ready opportunities for growth -- secure city and county truck fleet contracts, expand into maintenance with addition of certified mechanics.
Inventory: $300,000 -- Included in asking price
Real Estate: Leased
Building SF: 7,500
Lease Expiration: N/A
Employees: 5
Furniture, Fixtures, & Equipment (FF&E): $275,00 -- Included in asking price
Facilities: 7500 sq ft shop and warehouse space in industrial area.
Competition: There are a couple of competitors but plenty of work to go around, in fact sometimes the competing shops help each other out.
Growth & Expansion: Ready opportunities for growth -- secure city and county truck fleet contracts, expand into maintenance with addition of certified mechanics.
Financing: Possibly some SF will be considered for well qualified buyers with significant cash down
Support & Training: Full transitional help, from designing equipment to introducing contacts, up to 2 months.
Reason for Selling: Pursue other opportunities.
FILL OUT THE "CONTACT FORM" ON THIS LISTING TODAY TO RECEIVE THE NDA, CIM, FINANCIALS, PICS AND ALL OTHER DETAILS. DO NOT WAIT, BUSINESS WIL SELL FAST.
Financials (USD)
Asking Price $900,000
Cash Flow $267,000
Sales $1,100,000
Deal Terms
Represented by broker? Yes
Buyer Fee? No
Seller Financing? Yes
Willing to co-broke? Available On Request
Principals only? No
Franchise? Available On Request
Management will stay? Yes
Relocatable? No
Real Estate? No
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