Heavy Duty Deisel Truck Repair – Well Established

Business Overview:

This Greater Los Angeles Area heavy duty Diesel truck repair business is extraordinarily well-established yet offers significant remaining room for growth. This garage has been the go to destination for heavy duty work vehicles, fire engines, motor homes and luxury RV buses, as well as fleet vehicles such as box vans or corporate clients for well over a half of a century. This trusted repair shop boasts nearly 10 bays, an additional storage lot, and ideal freeway visibility and offramp access in addition to some of the most highly trained mechanics in its area. Since the garage regularly operates at full capacity, they are able to focus on the types of customers and vehicles that they service, and control their repair turn times. The shop works on all major engine brands, braking systems, and motorhome inspections, which helps to ensure reliable service for all types of commercial and recreational

The repair shop has serviced the local Fire Department for some time. They bid on 5-year contracts and are in year 1 of their latest contract they were awarded. This is their largest client yet they represent less than 20% of total revenues. Their largest fleet contract represents an estimated 5% of total revenues.

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Property Features and Assets:

This 15,000 square foot facility will enter into a new lease for $15k per month on a secure long-term lease with options to be negotiated in the sale. The property is also available for sale, contingent on a business acquisition. All of the company’s furniture, fixtures, equipment and tremendous goodwill will be included in the sale. An estimated $150k in inventory will be sold at cost at close, in addition to purchase price.

Market Competition and Expansion:

Though competition exists in the greater area, there are few if any comparable options that offer similar expertise, goodwill or freeway access and visibility. Most competitor fall into the smaller shop category without a broad range of highly qualified mechanics with specific manufacture expertise (e.g. Cummins engines).Alternately, others may have an recreational vehicle specialty with technicians that specialize in the cabin, living space and body, as opposed to heavy duty mechanical repairs. Since regularly advancements in vehicle technology, this large shop with many staffer are able to stay ahead of the competition by possessing broad expertise, continuous training, state-of-the-art equipment, and a long-standing reputation for reliability, expertise and friendly customer service.

Reason for Selling:

Additional Details:

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