25+ Year Midwest Maintenance Co.- New & Used Sales - Sales $2.7mm
| Asking Price: | $1,125,000 |
| Gross Revenue: | $2,707,703 |
| FF&E: | $460,000 |
| Cash Flow: | $406,254 |
| Inventory: | $300,000 |
| Established Year: | 1998 |
Offers attractive product line for new and used sales, and service.
Indiana/Illinois 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 with consistent and predictable results. Great platform to build on.
Full-service equipment company founded in 1998. Houses an industrial warehouse and general office with outdoor storage. Owners have built a successful business with solid fundamentals and have grown this business with expertise and consistent delivery of excellence to their customer base. Owners have and are ready to move forward with the next phase of their lives.
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. Strong product knowledge, superior relationships and focus on customer service has driven competitive edge required to attract and retain municipal contracts and relationships.
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. High barrier market entry to municipal equipment dealer network and equipment distribution geographic exclusivity.
Company offers numerous avenues of potential growth and profit. Current platform offers the opportunity to expand sales geographically into other midwestern states and municipalities. Sales could expand from public sector into private to include retail in current facility. Opportunity also exists to expand parts business through online retail sales. Potential for merger with established equipment and parts company to expand product lines.
Please note, list price of $1.125M does not include estimated non-cash working capital of $625k.
