Comm. Auto Modification Shop Seeing Growth

Holding stable growth, the business specializes in commercial vehicle conversions, modifications, & installation of accessories (pickup or ladder racks, van partitions, tommy lift gates, emergency lights, etc.) They have exclusive, hard to get, desirable manufacturer product lines as distributor or dealer. As only a website, small presence on social media, word of mouth, and 30 years plus of history are the marketing focus, additional dealer networking, tradeshow efforts, and added salespeople can generate fresh business to double sales for the new owner! Currently operating at only 75% capacity in a single shift, no weekends, growth opportunities also exist as a NY State Vehicle Dealer (can acquire auctioned vehicle to sell), Inspection Shop, and Repair Facility! Moreover, increased dealer connections, RV repairs and remodels would be advantageous! Situated in a great upstate New York location, the 4,000 SF shop-based facility is convenient to two major highways and features office space with waiting areas. Available with a renewable lease or separate purchase from the owner. As the current ownership is approaching retirement, there has only been a focus on oversight. The fiscal year begins October 1st and Sales are climbing steadily as 2024’s 5-month interim is in line with the 2023 revenues of $1,479,000 holding Discretionary Earnings around $202,000. Experienced and cross-trained personnel of five nonunion employees are likely to remain post-sale and continue streamlined functions after a smooth owner transition. Established with several big-name suppliers that assist in trade packages and toolboxes, the company boasts years of ongoing reputations and high online ratings for their quality focus and workmanship. The company is also following a schedule to gradually increase hourly rates and profits considerably over the next few years. This listing is an excellent investment or add-on for an ambitious buyer!
Listing includes Equipment of $125,000 and Inventory valued at $110,000.

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