Steady & Profitable Tool Route For Sale W/ Growth Potential

, Arizona 10 views 0 favorites

Financial Highlights
Asking Price
$253,233
Revenue
$303,613
Business Description

STEADY CASH FLOW / PROFIT POTENTIAL--- Steady and profitable tool route for sale with opportunity for growth. The route serves auto repair shops, auto body shops, and auto dealerships in the cities of Mesa, Gilbert, Apache Junction, Queen Creek and San Tan Valley, Arizona. The current owner has maintained a consistent relationship with the shops on the route which has allowed him to work comfortably during the mornings and early afternoons of weekdays. He has taken 7 weeks off during the year without it affecting sales. This is an excellent income for the route owner that also allows them to have a life outside of work. Yet, if the new owner wishes to increase sales they could do so by simply stopping at more repair shops along the route and offering the tools for sale. Tool trucks stopping randomly at any particular repair shop is common and expected within the industry. The new owner would retain a level of brand awareness along the route whether they decided to keep the name of the business or change it, since the truck is branded with “GearWrench” the tool supplier. GearWrench is among the top suppliers for the industry among other brands such as Snap-On, Matco, and Cornwell. The business hours of operation are Monday to Friday 7 am to 2:30 pm. The two owners are the only employees. The new owner may choose to extend hours for additional income and add new shops to the route. The seller is willing to stay on for up to 6 months under negotiable terms to help the new owner learn the business. Seller financing is available with 25-50% down and the seller carrying 50-75% for up to 2 years with collateral. The asking price includes $45,078 in accounts receivable which has been reduced by 20% to $36,062, although seller reports only about 2% fails to pay throughout the year. This is one of the concessions granted by the seller, along with offering seller financing and staying on for up to 6 months to help the new owner feel more comfortable buying. Location: Gilbert, Arizona Year Established: 2006 Number of Employees: 2 Facilities: All operations are performed with a commercial truck - 1999 International 4700 E444. Market Outlook/ Competition: Other tool trucks cover some of the same repair shops on the route but the attitude between them is more synergistic than competitive. You may have tools they don't or you could warranty their tools for additional income. Growth & Expansion: The current owner has had a steady income while still being able to stop working at 2:30 pm and take 7 weeks off during the year. If the new owner wanted to increase sales they could do so by stopping at more shops along the route or increasing the route. It is common for tool trucks to stop at auto repair shops. No prior marketing is needed.

Business Details
Industry:
Automotive & Boat
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 20, 2022

Updated: 6 hours ago

Views: 10

Favorites: 0