New England Motor Home Rentals-Sales $4.3M Assets (37599)

Financial & Assets Details

About the Business

Business Description

Debt free! This well-known company specializes in motor home and travel trailer rentals and sales. Centrally located to four major city airports where they offer pickup or delivery, they are recognized as having the cleanest, safest, most well-equipped units in the industry, an important competitive advantage and one reason they have loyal, repeat customers. The primary products include Class A, B, and C motor homes, trailers, and toy haulers. The company operates from a two-acre property, available for lease or purchase. The facility includes service bays, parts storeroom, specialties room, storage yard, and office space. The company has a proven track record, supported by 35 years of ongoing business. With its broad range of products and services, the marketing efforts focus on targeting individuals and corporations nationwide. Revenues have been increasing over the past four years due to an improving economy. Last year, the company’s total revenue was $1,831,920 with Seller’s Discretionary Earnings of $1,052,792. The company is now adding a focus on selling RV units as well as renting them which will provide ever increasing profits. The company has no debt and all inventory is fully paid and valued only at wholesale cost, so there is ample profit potential from the sale of units. A single unit averages rental income of four times its cost to the business. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Seller Financing

Financing can be negotiable for the appropriate buyer.

Location Details:

Equipment is included in Sale! Property is available for optional purchase separate of Asking Price.

Support & Training

The owner is flexible for a standard or extended transitioning.

Reason for Selling:

Approaching retirement.