Used and reconditioned vehicle dealer and parts supplier.
• Sales and services heavy vehicles in a niche area – little national competition and no foreign competition
• Vehicle inventory is procured through auction/surplus sales, parts inventory both used/remanufactured and new
• Full service facilities for refurbishing equipment – mechanical, body and paint
• Fully integrated cloud-based inventory management system, with real time updating capabilities
• Experienced repair crew
This business is a leading international supplier of refurbished heavy vehicles from a niche market. High gross margins. Typical end users include utility, mining, other users of heavy trucks/machinery. All equipment is refurbished onsite with a full inventory of parts on hand. Some equipment merely needs a new paint job, while others require a full overhaul. Surplus vehicles are n the yard for specialized needs like engines, etc.
There is a strong parts business which generates about 40% of top line revenue. Parts are either new or refurbished – most orders are online. The business stocks commonly needed parts, and also drop ships from suppliers for less common items. Parts are stocked for many types of equipment including generators, trucks, forklifts, Jeeps and more.
Strong investment in technology shows in their robust web presence (drives the majority of the new business). The system also boasts an integrated inventory management tool, which updates in real time. This system can also pull parts for refurb jobs based on type of vehicle in process. Sale is motivated by desire to relocate.
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