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Refrigeration Vehicles for Rent or Sale

Pierce County, WA
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Asking Price:$2,500,000
Gross Revenue:$1,685,196
FF&E:$872,681
Cash Flow:$750,647
Inventory:$87,060
Established Year:2006
Listing ID: 2208543Listing provided by BizBuySell
BUSINESS DESCRIPTION

This business is a local leader in a niche industry that specializes in the rental of refrigeration equipment, specifically, refrigerated trucks, vans and trailers for the food and beverage industry, the festival and event sector, and various other industries that regularly require mobile and stationary refrigeration. They offer mobile walk-in coolers and freezers, draft beer trailers, ice trailers, vans, trucks, in short, equipment used for storing and transporting fresh and frozen perishable goods. They, also, carry an inventory of new refrigeration vehicles for sale.

DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
There is approximately a half acre fenced yard, with an automatic gate entrance. A 10x32 trailer houses the office and the are three 40' shipping storage containers and a covered wash bay. The Owner leases back the facilities to himself. (The property can also be available in the sale at an additional appraised value)
Competition
The main competitors are the major national truck rental companies who dedicate a small percentage of their fleet to refrigerated rentals, while the business is 100% refrigerated rentals. Other competition is a handful of local operators while, lesser competition is Beer distributors who have their own refrigerated trailers and a handful of refrigeration repair companies that own refrigerated trailers for rent.
Growth & Expansion
Being very well established in the "Festival and Events Industry", areas of growth are in the non-event business sector, which includes commercial kitchens at Restaurants, and most food service facilities. There is room for expansion into other regional markets around Washington State, as well as, neighboring states.
Support & Training
Will train for 4 weeks @ $0 cost.
Reason for Selling
Owner is retiring.
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Claudia
Smith
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Claudia Smith
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