MAJOR PRICE REDUCTION!!!
Business Website:
http://www.tristateforestryequipment.com
Description:
Tri-State Forestry Equipment is a well-established and nationally recognized big truck & heavy equipment dealership.
The company has built a name for high quality equipment at fair prices within the industry. Trucks are sold to every corner of the U.S., Canada, and beyond. Specializing in forestry equipment, this has made them the largest of about 5 competitors in the whole country. They have worked with many lenders and can get almost anyone approved on a truck. Tri-State has a few big paint contracts with US government, Ingersoll Rand, and large truck companies.
Over the years of being in business, they have purchased a few other local competitors/repair shops and combined all these into one full service company. In order to keep up with demand, they recently had to add another shift and additional employees.
This is the kind of company that HAS to be operated by someone with in-depth knowledge of trucks and equipment. You could potentially be an owner without a ton of knowledge, but you would have to hire very knowledgeable management and shop management. The current employees can stay in place. The current owner and office book keeper are also willing to stay on for a few months of training in effort to help ensure your success.
The business can remain at the current site or could be run from anywhere in the country.
Financials:
• Financing available with secured assets, 8% over 60MO possible to extend to 120M. We can easily get you approved through SBA.
• Buyer should have dealership experience, and or equipment sales experience.
• Owner financing available. Must have an additional 250K minimum to buy fresh inventory.
• Real estate is also available to be leased at $15k/month NNN.
• Sales average 400K a month.
• 36% profit margin after expenses.
Facilities:
5 acre property with 8600SF shop space with 5 bays, 3200SF sand blasting shop, 1000SF storage shop, 800SF office space with 3 desks.
The shop is fully loaded shop with all needed tools some of which include: forklifts, man lift, sand blasting equipment, paint equipment / supplies (including a whole mixing system), and compressors: 10 HP Ingersoll Rand, 40 CFM Ingersoll Rand rotary screw, 1000 CFM screw compressor for sand blasting (large 1 year old). A full list of tools/inventory will be provided upon request.
Growth & Expansion:
This company has steadily grown 1M a year over the last 3 years upon moving into a much larger facility.
Marketing:
The current owners have marketed the company very well. They utilized digital and paper publications and currently have 14K social media followers. Advertising expenses, on average, are under 150K a year.
Inventory:
Negotiable
Real Estate:
Owned
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
