Description

Company is in the niche market of manufacturing custom service and utility truck bodies for both regional fleets and individuals. It has been under its current ownership since 1997. It designs, engineers, and produces high quality, specialty truck bodies to meet specific customer requirements. These highly engineered bodies are produced in limited quantity. It also offers 20 base models of truck bodies designed to fit either ¾ or 1 ton chassis. The truck bodies manufactured are held to stringent quality standards meant to provide long-life and dependable service from the product. Popular options include over-cab rack, conduit boxes, vise brackets, pipe holder, roll drawers, lift gates, locking systems, compartment lights, crane supports, & roller top bed covers. It is the recipient of numerous awards for quality and customer satisfaction.

Company operates from a modern 16,000 SF leased facility on 1.5 acres with convenient freeway access.

Sales and Marketing is under the direction of a sales manager, two inside sales-engineers, and two outside sales representatives. Customers include regional utility companies (gas, water, electric, cable, etc.), state and local governments, and other fleet operators. Most sales are made through commercial truck dealers that procure the chassis used in the manufacture of the completed vehicle.

The management team is highly experienced and well-tenured, enabling the business to operate independently of the ownership. Overall, it employs 14 people in management/administration and additional 65 hourly workers in production, including six "lead men" in each of the functional production departments.

Company has nearly doubled sales since 2003. Additional growth will require expansion of the existing facility. Market opportunities remain exceptional. High returns and upside potential make this business a good investment.

Sales price: $3.9MM minimum (Goodwill) + selected assets, with a $1.25MM minimum down payment.

Posted Apr 17, 2007

Did you know that social networking is a great way to buy a business? Sign up now and we'll show you how.

By clicking "Sign Up" you confirm that you accept the Terms of Use and Privacy Policy, including cookie use.

Disclaimer: MergerNetwork has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness.