Truck Maintenance Repair Service In Connecticut For Sale

Business description

This well established business provides mechanical service and repair to truck fleets in Connecticut. Located in central Connecticut, this business operates out of a 5,000 square foot leased building with ample office space in addition to garage floor space accessed by two 16’ bay doors. The building has two sets of restrooms. The business currently services over 100 trucks, 90% of which are associated with a national delivery service. [This service, however, contracts with multiple contractors to provide delivery service, so the concentration of business is greatly reduced.] Due to the nature of the business, service is provided 24 hours per day, six days per week.

The business provides and manages planned maintenance for many of the trucks. It also responds to emergency situations on the road. Repairs are done on the road if possible, or trucks may have to be towed to the garage. A tow truck is available for sale separately from the business. Planned maintenance is provided on site for the trucks, so the vehicles need not be taken out of service. Body work is done in the garage, with painting accomplished off site.

The business currently employs two day mechanics, two night mechanics, and one office manager, in addition to the owner. Assets included in the sale are a tow motor, three box delivery vans as rentals, one service truck, and various electronic scanners. (Mechanics provide their own tools.) The business is offered in a “turn-key” condition.

Property information

Real Estate:

Lease

Lease terms:

"green" lease, renewed annually, automatically, unless notice given

Leasehold rent:

$35,940 per annum

Location:

Nice garage building with ample office space, two sets of rest rooms, two 16' bay doors located very near primary customers

Premises details:

5000 sq. ft. garage with good sized lot

Size in square feet:

5,000

Other information

Expansion potential:

Growth could come from providing full-time tire person with dedicated truck. Also, fro full towing service (tow tractor available separately.)

Competition / Market:

Other service providers

Support & training:

Owner will stay on paid basis for as long as needed.

Reasons for selling:

Owner wants to concentrate on other business

Trading hours:

M_Sa, 24 hours

Furniture / Fixtures value:

$5,000 (included in the asking price)