Below asset value Sale - Owners are elderly and need to exit business for health reasons. Business had a down turn in 2020 (the financial numbers shown) due to Covid affecting their clients businesses, but have had highly successful years in the past. Business is returning to normal as of March 2021.
They have an extensive client base and excellent staff and management in place.
This long established company specializes in preventive maintenance and service and repair for material handling equipment, heavy equipment, semi-trucks, emergency vehicles, buses and motor-homes. The company also offers repair services for all automobile makes and models.
Approximately 65% of revenue is derived from forklifts and material handling equipment repair with another 10% in large truck repair, and 25% in all other vehicles.
Their decades of service to the area has cultivated many long-term and exclusive relationships with the business community, city and county government and a major South Carolina University.
Can be run absentee or owner managed. The current owners are not in the day to day operations.
All inventory, FFE and Real Estate and a smooth transition Included in sale. All reasonable offers will be considered.
For more information, please contact Katherine Harris at Sunbelt Business Brokers 803-779-2919 or fill out the contact form. An NDA and Buyer Profile will be requested.
Seller Reference #COLUMSC001-N1351
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