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BUSINESS FOR SALE - PROFILE #  41361061056

Well-Established & Profitable Suspension Repair
Berks County, PA

Asking Price: $475,000   Down Payment: $475,000  
Gross Revenue: $450,000   Adj. Cash Flow*: $450,000  
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Executive Summary
This very well-established firm deals in all aspects of coil, leaf and air suspensions, mostly for trucks and commercial vehicles. While there is no concentration of customers, several accounts provide a steady flow of work. Many customers are attracted by the reputation the company has developed for thorough, timely work that will hold up under demanding conditions.   
The experienced, knowledgeable employees, one of whom fills the role of foreman, will remain with the business. The seller is willing to remain for a transition period and for consultation following that.  
The seller desires to retire.  
This business could remain standing alone or could be added to expand the capabilities of an existing truck and automotive repair business.

Acquisition Highlights

  • This very well-established firm deals in all aspects of coil, leaf and air suspensions, mostly for trucks and commercial vehicles. While there is no concentration of customers, several accounts provide a steady flow of work. Many customers are attracted by the reputation the company has developed for thorough, timely work that will hold up under demanding conditions. The experienced, knowledgeable employees, one of whom fills the role of foreman, will remain with the business. The seller is willing to remain for a transition period and for consultation following that. The seller desires to retire. This business could remain standing alone or could be added to expand the capabilities of an existing truck and automotive repair business.
  • The staff of 3 covers all the work demands during normal business hours. Appointments are accommodated outside normal operations.
  • Revenues have been within $400,000 and $550,000 the past 4 years, while adjusted cash flow has averaged about $106,000.
  • This business could remain standing alone or could be added to expand the capabilities of an existing truck and automotive repair business.
  • The business is located in a dense urban environment, well-integrated into the neighborhood. The equipment is continually evaluated to take full advantage of proven tools and to incorporate new ones that reduce the physical strain of this type of work.
  • Established in 1951 by the seller's father, the company has continued to earn the loyalty of customers who provide dependable repeat business and a steady stream of referrals.
  • Financing Information:  Negotiable
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1951 Inventory: $100,000 Included
Employees: 3 Furniture, Fixtures & Equipment:
Real Estate: $140,000
    Total Assets Included in Sale: $100,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Ray Melcher
Phone:  (610) 898-8086
Fax:  (610) 898-8090
E-mail:  rmelcher@vrmarathon.com
VR Business Brokers - Wyomissing, PA
4 Park Plaza
Wyomissing, PA 19610
www.vrmarathon.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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