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Customized Truck Bodies - Winch Truck Repair
Location: United States -> Texas
Industry: Manufacturing > Metals Manufacturing




Business Summary

Located in the prime area of the west Texas oil patch, this company specializes in designing, manufacturing and modifying heavy duty truck bodies for oilfield winch trucks and related equipment for private, commercial and industrial applications. With strong profit margins, the Company's primary products and services include customizing winch truck rigging, installation and repair. Offering these products and services requires a facility, welding equipment, tools, and personnel with engineering and design capabilities. They are authorized sales and service providers for many industry leaders such as Thieman Tailgates and Warner Bodies. With its broad range of products and services, the Company's marketing efforts focus on targeting truck dealers, oil field service fleets, and independent truckers internationally.

Currently, 50% of the Company's revenues are derived from customizing gin-pole trucks, tandem winch trucks, road trucks, and roustabout trucks for truck dealers. Meanwhile the other half of revenues come from customizing these items for oil field service fleets. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. Established product lines and repeat customer base, unique combination of industry knowledge and expertise, and proven ability and reputation to deliver the highest quality winch truck rigging, makes this an excellent opportunity for an assertive buyer. Contact us today for more details!

Asking $1,000,000.00. 50% repeat clientele. The Company operates from a 187,000 square foot facility, which it leases from an easy to work with landlord. The facility includes a production area, warehouse and adequate parking for customers and employees. A 1500 square foot office building is attached.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $813,000
Cash Flow:   $293,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $250,000
Seller Financing:  Yes

About The Business

Year Established:  2006
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Key employees will most likely stay on. The owner will be available for transitioning and consulting after the sale.
Reason For Selling:  Other interests.




Print Listing Id: 700255232
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