Successful and profitable specialty trailer manufacturing co. and air tool sales and rental co. Well known, long term national customer base with no account concentration issues.
2017 is going strong with no signs of decline for either entity.
The manufacturing side has 30+/ well trained employees and 4 key salaried employees run the daily operation along with the 2 working owners.
The company manufaucters 25+/ types of versitile and high quality trailers which consist of: utility box trailers, water tank trailers, curved ramp, dump, light duty tilt, tow dolly, car trailers and small equipment trailers and more. Typical pricing runs form $2K to 10K+/.
AIR TOOLS overview: The manufacturing business is located with its sister company which specializes in the sales, distribution, rental, replacement parts and service of pneumatic air tools and ancillary products. Generators, compactors all types of air tools and more are part of the fleet of inventory for both sales and rental.
Sellers will verify all gross sales and net earnings for both operations.
The customer base is made up of long term relationships from large and well known National rental yard accounts which include Ahern, Holt-CAT, Quinn-CAT, Johnson-CAT,Cresco-CAT, Peterson-CAT, Hawthorne-CAT, Neff, Hertz, Sunstate, Sunbelt and more.
13-14 well trained, well paid employees handle the daily operations.
The operations compliment each other. There are seperate books, records and employees for each entity. The real estate is also available at FMV which is in the $3M range and not included in the listing price.
The lisitng price for both operations is $1,800,000.
The ideal Buyer will acquire both of the businesses and the real estate.
NOTE: All inventory and WIP along with other details to be determined during the due diligence process.
Facilities: 1.8+/ acres of land with manufacturing bays throughout. Large sales yard and plenty of office and inventory and parts areas. .
Competition: This types of operations have competitors. Both operations have been thriving year after year with no signs of slowing down,.
Financing: Some Seller Financing may be possible.
Support & Training: Plenty of training will be available to Buyer post sale to ensure a
smooth transition. Terms and condition to be determined during due diligence
Reason for Selling:Retirement
NOTE: Manufacturing side gross sales: 2016-$3M+
Air Tools gross sales -$5.5M+