Trailer Manufacturing & Service Company

California
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Gross Revenue:$5,580,000
Established Year:1942
EBITDA:$865,000
BUSINESS DESCRIPTION

The Company is a leading manufacturer and reseller of trailers in Central California. Specializing in custom built trailers, the Company produces a variety of trailer types including flatbed, cargo, utility, concession and storage/dump trailers. The Company also resells well-known brands of trailers and offers repair service and parts.

Founded in the mid 1940s, the Company has been owned by the same family for three generations. Its name is highly reputed in the area for quality workmanship and product expertise. The Company enjoys a niche position in the marketplace. In addition to constructing each trailer by hand, it manufactures axles – a unique product offering – and installs hitches. Its customers are business owners across all facets of the construction and agricultural industries including general contractors, landscapers, roofers, farmers and ranchers.

Investment Highlights
• Steady revenues achieved with stringent operating standards
• Very low customer concentration (ranges from 1.4% - 4.5% each year)
• High demand for trailers in the Central Valley region where construction and agriculture are prevalent
• Potential to expand customer base by adding dedicated sales personnel


DETAILED INFORMATION
Location
California
Inventory
Not Included in asking price
Real Estate
Owned
Facilities
The Company’s operations are housed in a 12,000-square-foot facility located in an industrial area. The administration and finance departments work out of office space within the facility. With three acres of property, there is ample outdoor space for storage of products.
Competition
There are a few large commodity trailer manufacturers in the industry, however there are not many custom trailer manufacturers and brand resellers like the Company.
Growth & Expansion
Adding new locations could be explored, particularly for sales purposes. Additional cities could be considered for “branch” trailer sales locations.
Support & Training
Support and training through the ownership transition period
Reason for Selling
Possible retirement; consider next steps
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Janet Scherr
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Janet Scherr