Description of the business for sale
This Virginia “S” Corporation was founded in 1997 and the owner has been intimately involved in the operation of the business since its inception. The Company offers a large selection of new and used horse & livestock trailers. The Company has two locations that are complete with full service departments. Both locations offer a wide variety of brands and styles to meet a variety of needs. They have a courteous and knowledgeable staff that is more than capable of assisting the weekend rider or the full time professional.
Over the years the Company has built a stable business with an excellent reputation that dominates its marketplace. Average annual revenues for the last three years $8,903,812 with an upward trend; 2006 revenues were $9,436,531. Strong Earnings have accompanied this strong revenue stream with Seller Discretionary Earnings (SDE) averaging $448,510 over the same period. The owner is willing, and in fact, would like to continue to work but has reached the point in life where he no longer wants to be owner. He is therefore offering the business for sale at an asset price of $1,265,000.
This Company has many things going for it that any acquirer will be able to use to grow the business. The longevity, reputation, and staff that the Company and owner have developed in twenty-seven years in the industry means that a buyer can feel safe that they are purchasing a Company that has a proven track record of profitability and they just need to build
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Support / Training provided by seller
The owner is willing to train for a transition period or stay on and work for a new owner.
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Description of the facilities
The Company has two prime locations strategically placed within its marketplace for maximum exposure. Both locations are in high traffic areas within their service regions so they are easy to find, easily recognized, and are able to display much of their inventory to the public without additional effort.
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