Trailer Sales and Service Co. in Central Maine

Augusta, ME
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Asking Price:$1,200,000
Inventory:$320,000
Real Estate:$1,250,000
Gross Revenue:$2,300,000
EBITDA:$400,000
Established Year:1986
BUSINESS DESCRIPTION

Seller is retiring - Great Service and Reputation

This robust trailer sales and service company has been supplying work trailers, cargo trailers, livestock trailers, horse trailers and horse trailers with living quarters for decades. Second and third generations of buyers come back time after time because the company is focused on providing a very high level of service.

The company carries six different lines of new trailers and is still growing with YTD 2024 sales up over $300,000 vs 2023.
The company also offers on-the-spot bank financing to make buying fast and easy.

In addition to new trailer sales, the company will buy and sell used trailers as well as taking them in on consignment. Everything is done with an eye on making it easy to do business!

There is real estate available with this sale that includes almost 30 acres of land. There is a gravel pit that can be repurposed. There’s also 20’ of lakefront access that is owned outright (not a right of way).

There is $10,000.00 in Furniture, Fixtures & Equipment that is additional to asking price.

Buildings on the property include:

• A 2,200 sq ft, newly-remodeled 3 bed, 2 bath ranch home which should bring about $3,000/month in rental income.

• A 41’ X 80’ horse barn with recent renovations.

• A 22’ X 122’ horse barn with stalls and a horse shower – potential additional income from boarding horses.

• There is a 1,600 sq ft caretaker’s apartment attached to this barn with a rental value of about $2,000/month.

• Service garage and sales office with 3 offices, bathroom, service bay and parts/utility room.

There’s lots of room to expand. Possibilities include selling open trailers, dump trailers, ATVs, UTVs, snowmobiles, dirt bikes, boats, jet skis – almost anything you can think of! The seller has so far insisted keeping this as a very small, family business, but the potential for expansion is endless!

Financials

Purchase Price: $1,200,000
Cash Flow: $400,000
Gross Revenue: $2,300,000
Inventory: $320,000 (additional to the asking price)
Real Estate: $ 1,250,000 (Is available, incidental to the sale of the business, subject to commercial appraisal)
TOTAL ASKING PRICE - $2,770,000
Employees: 2 FT, 1 PT
Founded: 1986
Reason for Sale: Retirement


DETAILED INFORMATION
Location
Augusta, ME
Inventory
Not Included in asking price
Real Estate
Owned
Facilities
Real-estate Is available, incidental to the sale of the business, subject to commercial appraisal
Growth & Expansion
Consider Expanding Trailer Lines
Support & Training
Current management of 33 years may be willing to stay on and will assist with the transition.
Reason for Selling
Retirement
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Charlie
MacPherson
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Charlie MacPherson