MergerPlace

Mfg. & Service of Specialty Vehicles

Ohio


  • Asking Price: $1,000,000
  • Gross Income: $2,100,000
  • Cash Flow: $277,200
  • Real Estate: Not Disclosed
  • Inventory: $400,000
  • FF&E: $417,000
  • Listing ID: #202830
  • Established: 1980
  • Employees: 15 FT/3 PT

Business Description

Manufacturer of specialty vehicles including bookmobiles, mobile classrooms, mobile medical units and command centers for media and law enforcement. Also provides collision & repair service for buses, large trucks, and specialty vehicles. MSE certified wheelchair lift installation and service.

28,000 SF facility available for an additional $1,650,000 through BEAU QUEST REALTY, LLC. Includes at least one additional tenant.


Business Details

Primary Business Category: Manufacturing - Transportation Equipment
Location: Ohio

Company Information

Year Established: 1980
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 15 FT/3 PT

Financial Information

Asking Price: $1,000,000
Gross Revenue: $2,100,000
Cash Flow: $277,200
FF&E: $417,000
Inventory: $400,000
Seller Financing Available: Yes

Property Information

Facilities:

28,000 SF parts and service facility complete with extensive stock room, computerized inventory and shipping systems, state-of-the-art paint booth with full vapor recovery, bake oven for high quality factory finishes and full-service mechanical repair and body shop facility.

Growth & expansion opportunities:

The facilities and equipment could easily handle a great deal of growth. Existing staff could handle growth to a point but eventually one would need more help. The key to growth is having the energy and the capital to engage in and sustain such growth. The current owner approaching retirement is not in that stage of life but knows the next owner will have opportunity to grow this company.

Competition:

This company is positioned as the "smallest of the big guys". The company is known for customization, attention to detail, quality and service. They are big enough to get the big jobs done, but always take care of the smallest details, following up and making sure clients are happy and can get help in servicing their vehicles as well. There are only a small handful of companies that can do all of what they do.

Reason for selling:

Retirement.

Support & Training:

Manufactures fully customized specialty vehicles like bookmobiles, mobile classrooms, mobile medical units and command centers for media and law enforcement. Services full-size buses and specialty vehicles (i.e. collision repairs, custom paint jobs, panel, roof, door, window and floor replacements, sandblasting). Certified electrical technicians and MSE certified wheel chair lift technician.

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Business Listed By:

Bill White Jr.

Murphy Business Brokers