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Industrial Scale Oversized Vehicle Repair Business For Sale

Illinois
Asking Price:
$4,850,000 (USD) Furniture / Fixtures included
Sales Revenue:
$5,908,364 (USD)
Cash Flow:
$2,164,936 (USD)

Once in a lifetime opportunity to own one of the largest repair facilities in the Chicago bus and over-sized vehicle industry. This business has the location, infrastructure and workforce to bid and win major contracts throughout the Midwest. With a 16 year history of delivering impeccable quality and treating people right, this business has established itself as a leader in the industry, capable of taking on the largest contracts and delivering results. Their track record of success gives them the ability to continue winning the major re-manufacturing contract in the region. No other shop can compete. With over $2 MM in cash flow in 2018 and a strong pipeline, this is a rare acquisition opportunity poised for growth. The seller is committed to providing a successful transition and the manpower is there to keep the operation going seamlessly. Inquire to sign an NDA and receive the prospectus.

Property information

Real Estate:

Lease

Lease Terms:

Expires 4/30/2020 with a 5 yr option.

Leasehold Rent:

$373,217 (USD) per annum

Location:

Chicagoland

Premises Details:

60k SF facility, customized electrical and pneumatic systems with an oversize paint booth.

Size in square feet:
60,000

Business Operation

Expansion Potential:

Current owners do very little marketing. Add marketing and sales to drive growth.

Competition / Market:

Only local shop of this scale.

Reasons for selling:

Retirement

Trading hours:

Monday - Friday: 8 - 4:30

Employees:
30
Years established:
2002

Other Information

Support & training:

Seller is committed to a successful transition. Two of the owners are willing to stay on.

Furniture / Fixtures value:
$1,010,000 (USD) - included in the asking price
Inventory / Stock value:
$375,000 (USD)

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