Profitable Michiana Forklift Repair & Retail Store

Undisclosed Address, Michigan
Business Opportunity for Sale
Catylist Listing ID: 30749888
Property Subtypes: Machinery
Building Size (RSF): 10,000 SF
Sale Price: $338,000
Name of Establishment: Profitable Michiana Forklift Repair & Retail Store
Business Website Address: https://bit.ly/3iDeTH2
Year Business Established: 2015
Gross Revenue: $1,398,747 (Annual)
Cash Flow: $285,387 (Annual)
Last Updated: 8/24/2021

Overview / Comments

Founded in 2015, this company is a reputable forklift services, repair, and retail/resale store serving Southwest Michigan and Northern Indiana.

The Company is well staffed with knowledgeable team members who provide excellent customer service. Since its inception, the Company has prided itself on providing quality equipment and professional repair service at a cost-effective rate. This has allowed the Company to compete with larger chain stores and earn itself many strong customer relationships.

The Owners are seeking to sell the Company in order to retire. They are willing to sell or lease the Company’s owned facility to their successor.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of non-disclosure agreements (NDAs) and sending of information for speed and efficiency.

You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the NDA email cannot be found, please email info@smallbusinessdeal.com and request a PDF version.

Once we receive your NDA, the Confidential Business Review (CBR) will be sent to you. They will be happy to correspond and answer your questions directly. Thank you for your time!

Additional Details

Industry Segment: Other Machinery
Reason for Selling: Retirement.
Value of Inventory Included ($): $350,666
Value of Furniture, Fixtures, and Equipment ($): $82,000
Real Estate Status: Real Property
Value of Real Estate Included ($): $200,000
Real Estate Lease Description: Owned. Available for an additional $200,000 (not included in asking price).
Employee/Labor Description: 9
Mgmt/Training Support Description: Ownership is willing to provide reasonable and customary transition assistance.
Competition/Market Description: (1) Excellent Service & Offerings (2) Experienced & Loyal Staff
Growth/Expansion Opportunities: (1) Additional Salesperson (2) Additional Product Lines

View FullscreenMap

Demographic Statistics

Proximity: 5 miles
Total Population: 2,593
Median Age: 44.17
Households: 1,031

Contact

© Copyright 2001-2020 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.