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Trailer & Vehicle Accessory Retailer with Superb Reputation! (38010)


Located in Virginia, this successful, established business offers full retail sales of Car, Truck, SUV & Jeep accessories. Due to the extensive upfits the company offers their customers, accessories include but are not limited to truck caps, spray-in bed liners, grill guards, running boards, auxiliary fuel storage & transfer tanks, and hitches such as Gooseneck, Fifth Wheel, and Class 1, 2, 3 frame hitches. Their customer base includes New & Used Automobile dealers as well as off-the-street consumers. As a partner of a major southeast manufacturer providing steel carports, RV ports and garages, this long-established business offers education and knowledge within the industry. Offering maintenance and repairs to the tow behind trailer community, this business is a valuable asset to area with its expertise in diagnostics & repairs in 12-volt wiring, axle & bearing work, lighting, and light body repairs for trailers up to 16000-pound GVWR. The wide range of products & services for the towing world including VA State Inspections and trailer parts the area's largest selection of trailer light, innovative trailer and towing accessories. As a Trailer dealership that is franchised to sell 3 major trailer manufactures there’s unlimited growth potential. Through excellent referrals and an exemplary reputation, the company has also become the first choice as the trusted ally. The company has had a lot of organic growth with limited marketing and customer concentrations show no individual consumer making more than 5% of the yearly income! Offered debt-free with clean bookkeeping, total Revenues reached $2,048,964 in 2023 alongside Discretionary Earnings of $275,183. Financial stability is strong and the sales projection targets $2.1 Million for 2024! Two properties total around 30,927 square feet of land with major exposure on major highway and featuring a modernized 2000 +sq. ft. building complete with showroom, office area, and space for retail, storage, and workshop. The extra acreage is perfect for trailer storage. The experienced and knowledgeable team of five nonunion employees agree to stay post-sale and continue streamlined operations. Ownership is flexible for transitioning and acclimating new owners to the company and contacts. The seller has built a strong foundation with a reliable team ready to take the company to the next level!



Listed By: Steve Caimano

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Background information

Seller Number:

38010

Year established:

2008

Reason selling:

Approaching retirement and/or pursuing other interests.

Finance

Sales:

$2,048,964

Profits:

$275,183

Profit type:

Discretionary Earnings

Operations

Employees:

5 nonunion.

Equipment:

$75,000

Inventory:

$100,000

Premises

Square footage:

30,927+/-

Rent and lease terms:

Property with extra acreage is Leased for $36,000 per year.

Opportunities

Market:

Referral Sources.

Price and terms

Price:

$1,260,000

Financing:

Standard SBA-term financing will be negotiable for qualified buyers.

Owner Transition:

Continuing streamlined operations, Seller is flexible for acclimating Buyer to the company and contacts.