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BUSINESS FOR SALE - PROFILE #  N776-BL

Custom Truck Body Manufacturer with Real Estate
Palm Coast

Asking Price: $1,500,000   Down Payment: $1,500,000  
Gross Revenue: $900,000   Adj. Cash Flow*: $350,000  
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Executive Summary

This Florida Company is a full custom truck body manufacturer that has been established for over 30 years. Work includes, new flat/dump beds, van & body repairs, utility body repairs, tractor trailer repair, floor repairs, welding, undercarriage work, frame modifications, body swaps, hitches, lift gate repairs, DOT inspection, insurance quotes, commercial body restorations, refrigerated body repairs, color changes - painting, hood, bumper & fender repairs,, electrical repairs, etc. 

There are 10 full time employees and 1 part time. Labor is $65/hr for fabrication and $75/hr for painting. There is a 53 ft paint booth and about 250 existing customers. Average ticket price is about $2,000 but depends on the job. 

The owner has owned it many years and has something else he would like to do at this time. Their facility includes 6 work bays. The owner owns the real estate personally and is only interested in selling the business and real estate together for $1,500,000 ($750k each). 

This business is ideal for someone already familiar with custom truck body fabrication or a commercial trucking firm or a paint & body company.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1995 Inventory:
Employees: 10 Furniture, Fixtures & Equipment: Included
Real Estate: $750,000 Included
Other: $750,000 Included
    Total Assets Included in Sale: $750,000
 
* 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:  William A. Law
Phone:  (904) 819-6930
Fax:  (904) 819-6939
Other:  (704) 904-6624
E-mail:  blaw@sunbeltbrokers.biz
Southern Mergers & Acquisitions, Inc.
255 S. Matanzas Blvd.
St. Augustine, FL 32080
www.charlotte-business-broker.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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