MergerPlace

Forklift Sales, Service & Rentals

Georgia


  • Asking Price: $1,100,000
  • Gross Income: $1,772,064
  • Cash Flow: $258,834
  • Real Estate: Not Disclosed
  • Inventory: $288,000
  • FF&E: $129,565
  • Listing ID: #219059
  • Established: 1999
  • Employees: 5 FT/3 PT

Business Description

Included in the purchase price of this business is over $125,000 in accounts receivables, a complete line of inventory that includes 18+ income producing rental units. This is a family owned company. Since 1999, they have been under the exact same family ownership. From their humble beginnings delivering material handling expertise and forklift repair, their business has grown to meet the varied needs of a whole host of industries that rely on lift trucks to get their specific jobs done. They offer forklift sales, rentals, and leasing options on the best lift trucks in the industry, while administering unparalleled forklift service and repair, they service most all forklift makes and models. Their mission is to provide expert material handling solutions so the customer can take on any project.


Business Details

Primary Business Category: Services - Other Services
Location: Georgia

Company Information

Year Established: 1999
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 5 FT/3 PT

Financial Information

Asking Price: $1,100,000
Gross Revenue: $1,772,064
Cash Flow: $258,834
FF&E: $129,565
Inventory: $288,000
Seller Financing Available: Yes

Property Information

Facilities:

The business operates out of a 10,000 square foot leased free-standing facility. The facility includes warehouse/shop area with loading docks, office and showroom space and ample lot storage and parking. The facility is located in a small industrial complex with sufficient large transport egress and move-ability.

Growth & expansion opportunities:

A simple marketing plan with a small commissioned sales force and an internet presence would go a long way in improving gross sales. An incentive service add-on plan could be implemented to encourage reoccurring revenue.

Competition:

There are several large corporate and independent material handling firms in the metro Atlanta area, but few service the Northeast Georgia area.

Reason for selling:

Other business interest/owner burnout.

Support & Training:

Will train for 4 weeks @ no cost. This material handling company main focus is service, parts, and repair of material handling equipment, from forklifts to pallet jacks. While the main focus is service oriented, new & used forklifts and jacks are available for purchase or rental. No special licenses are required, but knowledge of material handling equipment would be helpful.

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Business Listed By:

Dennis Collier

Murphy Business Brokers