This has been an ongoing business for approximately 30 years. The owner is retiring. The main franchise is the lifting equipment Franchise (Donkey) which is for all of New England and Eastern New York. This franchise can be expanded on to add to the bottom line and to expand the customization of heavy trucks at the shop. The business has 4 or 5 "handshake" franchises which have been favorable to both parties. A good portion of the work at the shop is on heavy to medium trucks with bed custom fitting and steel work. If your client is interested in the business, they can step in and continue as "under new management" in a seamless transition. Any buyer will like the Gross v. Net cash flow operations of this business. We have preliminary past three year cash flow numbers available for qualified buyers with the past three years of tax returns for the due diligence of contracted buyers. Call soon, this should sell fast! Rough indications show SALES = $650,000 / Cost of goods and services $400,000 / GROSS Income = $250,000 and the sale includes approximately $85,000 in assets/inventory. Exact & Detailed NOI & assets list for qualified buyers.
Based on the average sale price from the East Greenwich, RI office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
52 Aquidneck Drive Tiverton, RI is a Single Family Home for sale at $224900 and a lot size of Acre(s). 52 Aquidneck Drive Tiverton has 0 bedrooms, 0 baths and was built in 1975. The property's zip code is 02878 which is in Tiverton, RI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.