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Approximately $5 million in included assets: The business sale includes trucks, truck contracts, inventory, furniture, fixtures and equipment.
This Class 8 truck dealership combines rent-to-own contracts, direct truck sales and on-site repair and maintenance. The business purchases used trucks and places them with owner-operators through contracts that provide a path to vehicle ownership.
Approximately 80 power units are currently under rent-to-own contracts. Inventory includes used over-the-road trucks from manufacturers such as Kenworth, Freightliner, Volvo, Peterbilt and International.
The facility includes more than a dozen service bays, a truck wash and office space. The operation supports customer-truck maintenance and has infrastructure that could also serve third-party trucks and fleets.
An operational and maintenance team of approximately 34 people is available to continue under new ownership.
The commercial real estate is available for purchase separately and is not included in the business asking price.
The combination may appeal to a truck dealership, leasing company, equipment-rental operator or transportation group seeking to add vehicle sales and maintenance capabilities.
A buyer could evaluate expanding the rent-to-own fleet, increasing direct truck sales and developing third-party repair and maintenance business. Portions of the office space may also offer potential lease income. Existing service infrastructure provides several avenues for expansion without limiting the business to truck sales alone.
Facilities Information: Real estate is available for purchase for an additional $5.5m.
Trucks and contracts are valued at $4.9m.
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