Commercial Truck Repair Business, New Haven County, CT

Asking Price$350,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$20,000
Not included in asking price
FF&E$200,000
Included in asking price
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Commercial Truck Repair Business, New Haven County, CT


Asking Price$350,000

Cash Flow
$140,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$20,000
Not included in asking price
FF&E$200,000
Included in asking price
Business Description
This is a well-established ASE certified commercial truck and trailer repair business located in New Haven County, CT. It is a busy business managed by two owners with trained techs on staff and an excellent reputation for quality work and reliability for over 25 years. This truck repair center maintains high standards and is affiliated with a national service company that offers strong over the road warranties and is honored nationwide. The repair facility is fully equipped and in top condition with 3 extra-large truck bays, multiple lifts, hoists, and all the related equipment and tools needed and then some. In addition to the large repair shop areas, the business has a few offices, parts inventory, a breakroom, and a reception area. It is easy to access from major roadways, has lots of space inside for multiple trucks and projects. There is space outside for stacking vehicles for repair and for the 3 shop vehicles included.

The business is managed well and is a strong competitor in the commercial automotive service industry. They serve both individual and corporate accounts providing all types of truck and trailer repairs from basic maintenance to major overhauls. Their services are in demand, and they typically have work stacked up. Automotive or mechanical experience is recommended, but strong business management skills and ability to provide quality customer service is key to continuing success. The business has consistent revenues and good cash flow with strong growth potential.

SBA financing terms are available for qualified buyers. Excellent opportunity to own and operate a top-quality commercial truck service and repair business known for quality service and reliability. The seller is seeking retirement but will assist with a transition as needed.
About the Business
Years in Operation
28
Number of Employees
3
Facilities & Assets
Assets include M2 Service Truck, 2500 series pickup, and MBE 4000 Tractor. All office equipment and furniture, repair order system, phone system, and a large list of shop tools and equipment including 2 post lifts, drive on lift, air lift, port-a-cool units, jacks, hoists, stands, compressor, welder, generator, cabinets, lathe machine, tire changer/balancer, alignment machine, diagnostic equipment, and much more.
Market Outlook / Competition
Demand for service is strong, and the industry is competitive. Quality service and reliability keep businesses in this industry strong.
Opportunities for Growth
Growth is driven by the ability to hire and retain good service techs/mechanics to grow volume.
Real Estate
Owned or Leased
Leased
Rent
Not Disclosed
About the Sale
Seller Motivation
Retirement
Transition Support
Sellers are seeking retirement and will provide transitional support.
Financing Options
SBA Preapproval terms available 10 years, prime + 2.75%
Listing Info
ID
2325202
Listing Views
2596

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Business Listed by: Paul Vassallo Inbar Group Inc - Business Brokers and M&A

Listing ID: 2325202 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.


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