Commercial & Municipal Equipment Dealer
Business Description
Founded over 30 years ago, the Company is a specialized equipment dealer located in Illinois. The Company sells and rents new and used equipment to commercial and municipal customers. Additionally, the Company holds certifications to service all its equipment. Since the Company operates in a niche industry, it has expanded into many different product and service offerings to make itself a one-stop shop for its customers.
One of the biggest strengths of the Business is the contracts it holds with its manufacturers. The Company consistently ranks as one of the top dealers nationwide for many of its manufacturers. As a result, the Business has never lost one of its core manufacturers to another dealer. These contracts outline exclusive sales geographies where only this Company is authorized to sell the manufacturer's equipment.
Ownership is minimally involved in the day-to-day operations of the Company. The operations are principally run by a three-person management team, all of whom are in the prime of their career and not expected to leave the Company. The Company has a great culture that promotes teamwork and partnership through its extensive benefits package and company-wide bonus program.
The Business operates out of a single building owned by a related entity; the real estate is also available for sale. The facility has an equipment and supplies showroom, a service area, office spaces, and a fenced-in yard that houses all the new and used equipment. There is a major growth opportunity to open a new branch in a nearby geography.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST.
One of the biggest strengths of the Business is the contracts it holds with its manufacturers. The Company consistently ranks as one of the top dealers nationwide for many of its manufacturers. As a result, the Business has never lost one of its core manufacturers to another dealer. These contracts outline exclusive sales geographies where only this Company is authorized to sell the manufacturer's equipment.
Ownership is minimally involved in the day-to-day operations of the Company. The operations are principally run by a three-person management team, all of whom are in the prime of their career and not expected to leave the Company. The Company has a great culture that promotes teamwork and partnership through its extensive benefits package and company-wide bonus program.
The Business operates out of a single building owned by a related entity; the real estate is also available for sale. The facility has an equipment and supplies showroom, a service area, office spaces, and a fenced-in yard that houses all the new and used equipment. There is a major growth opportunity to open a new branch in a nearby geography.
Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL.
Once we receive your NDA and answers to some basic questions, the Confidential Information Memorandum (CIM) will be sent to you by the project manager.
IF YOU DO NOT RECEIVE A FOLLOW-UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST.
About the Business
- Number of Employees
- 19
- Facilities & Assets
- 17,250 square feet with retail, office, and shop spaces. The offices were renovated in 2020, and exterior renovations were finished in the same year.
- Market Outlook / Competition
- Investment Highlights Include:
1. Strong Management Personnel
2. One-stop Shop Dealer
3. Long-standing Manufacturer Relationships - Opportunities for Growth
- Growth Opportunities Include:
1. Introduction of New Product Lines
2. Nearby Branch Expansion
3. Launch of Online Store
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 17,250
About the Sale
- Seller Motivation
- Ownership is seeking to pursue retirement.
- Transition Support
- Ownership is willing to provide reasonable and customary transition assistance following the completion of a transaction.
- Financing Options
- Limited Seller-Financing Available for Qualified Buyers.
Listing Info
- ID
- 2173834
- Listing Views
- 2712
Listing ID: 2173834 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
Businesses for SaleIllinois Businesses for SaleIllinois Business Service Businesses for SaleIllinois Equipment Rental & Leasing Businesses for Sale