George & Company

UNDER AGREEMENT - Distributor of Auto & Truck Related Service Equipment #15679

Massachusetts

 

Asking Price: $1,200,000

Cash Flow: $351,616

Gross Revenue: $1,967,393

Inventory: $200,000

Established: 1977


Business Description

 

B2B


Value-added distributor of automotive related service equipment, specializing in several major brands for both cars & trucks. Sales primarily originate through referrals, or word-of-mouth based on the company’s 44 year history, and increasingly through the company web site.


While the Company is located in Eastern Massachusetts, sales and installations are throughout Southern New England.
There are both commercial and municipal customers, as well as private individuals.


The business and real property have been pre-qualified for SBA financing with as little as 10% down.
The Seller wishes to retire and will train a new owner to facilitate a smooth transition of ownership.


 

Detailed Information

 

Employees: 6

Facilities: 3,200 SF warehouse and office fully equipped with plenty of parking and easy access to major highways. Real Estate can be purchased with the business separately or leased.

Competition: Business is well established and sells to private businesses, municipalities and individuals primarily throughout Southern New England.

Growth & Expansion: Additional growth possible by marketing ancillary equipment to product line.

Support & Training: Seller wishes to retire and will train a new owner to facilitate a smooth transition of ownership.

Reason for Selling: Retirement after 44 years

Contact: Jeff Lefebvre

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  

 


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