Profitable Heavy Trucks Company for Sale in Essex, Canada
Strategically positioned heavy and semi truck export business for sale in Ontario, Canada.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.8 million |
| Run Rate Sales | USD 1.74 million |
| EBITDA Margin | 30 - 40 % |
| Industries | Heavy Trucks |
| Locations | Essex |
| Local Time | 9:37 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.54 million
(Native Currency: CAD 3,500,000)
Reason: The owner is planning to retire and, having scaled back operations over the past four years, is not ...
View More
Includes physical assets worth
USD
2.54 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Company Register
(162.4 KB)
Articles
(219.0 KB)
Business Overview
- The company demonstrates a robust revenue stream within the used trucks and heavy equipment industry.
- The company has established strong relationships with wholesale clients, facilitated by platinum memberships at auctions and efficient logistics strategies.
- The business model includes acquiring vehicles from auctions, employing adept equipment for vehicle pick-up, ensuring vehicles are cleaned and advertised, thereby maximizing profit margins.
- Key operational advantage includes handling all aspects of logistics and delivery, ensuring shipments reach various US ports for subsequent overseas transportation.
- The current owner, bringing years of industry expertise, is open to providing up to two years of training to ensure a seamless transition, seeking $100,000 annually for this role.
- Despite having only two employees, the business has maintained a high level of operational efficiency, indicating significant opportunity for scalability.
- Positioned strategically within the locomotive manufacturing and logistics industry, the company leverages its niche expertise to maintain a competitive edge in the global market.
- The company has established strong relationships with wholesale clients, facilitated by platinum memberships at auctions and efficient logistics strategies.
- The business model includes acquiring vehicles from auctions, employing adept equipment for vehicle pick-up, ensuring vehicles are cleaned and advertised, thereby maximizing profit margins.
- Key operational advantage includes handling all aspects of logistics and delivery, ensuring shipments reach various US ports for subsequent overseas transportation.
- The current owner, bringing years of industry expertise, is open to providing up to two years of training to ensure a seamless transition, seeking $100,000 annually for this role.
- Despite having only two employees, the business has maintained a high level of operational efficiency, indicating significant opportunity for scalability.
- Positioned strategically within the locomotive manufacturing and logistics industry, the company leverages its niche expertise to maintain a competitive edge in the global market.
Products & Services Overview
Our top-selling products are semi trucks and heavy equipment, with end users based across the USA and predominantly international buyers.
Assets Overview
Tangible assets: A fully equipped 7000sq foot home and shop, including all tools, machinery, and inventory including heavy wrecker ($100,000) value.Intangible assets: Company registration certificate.
Facilities Overview
This property currently serves as our home, farm, and workshop. We are open to selling everything as a complete package, including the business. The offering includes 70 acres of land, a shop, a barn, a rental home, and a 7,000 sq. ft. ranch-style residence.
Capitalization Overview
We utilize both a finance line of credit (LOC) and a bank LOC. The corporation has a single owner. There is approximately $1.5 million in revolving LOC, and when factoring in the inventory, the business effectively carries no debt—apart from a commercial loan of $700,000 on the property, which is valued at $3.2 million.The rental home brings in $32,000 annual, the boarding facility also brings in $30,000. Farm rent of $10,000. Solar payout of $10,000 annually. Plus, the primary diesel truck business contributes significantly to the overall profits.
Recent Activity
-
6 days, 10 hours agoOwner, Insurance, Hospitality, Home Furnishings, Insurance Comapy, Brampton, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysHead Of Acquisitions, Manufacturing, IT & SaaS, Pune, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Dubai, Financial Consultant connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses