Truck Detailing Shop

Business Opportunity for Sale
Catylist Listing ID: 30323648
Property Subtypes: Auto Related
Building Size (RSF): 3,000 SF
Sale Price: $349,000
Name of Establishment: Matador BJ's Truck Service
Year Business Established: 2000
Gross Revenue: $150,000 (Annual)
Cash Flow: $60,000 (Annual)
Relocatable Business: Yes
Sale Terms: Cash to Seller
Last Updated: 9/17/2018

Overview / Comments

Profitable Truck Detailing Shop with Great Potential! Matador BJ's Truck Service is Memphis' premier full-service truck detailing facility located in the Mid-South. Matador details all makes of semi-trucks, light duty-trucks, vans, fleet and recreational vehicles.
Matador's mission was to create a one-stop heavy duty truck facility that would cater to all of the reconditioning needs of any and all Owner-Operatiors and Corporate Owned Fleet Trucks.
This location is premium amongst the strongest competitors in the Fleet Trucking Market in the Greater Memphis Area.
Matador has a long list of clients the have had relationships for over 17 years.

Additional Details

Nearest MSA: Memphis
County: Shelby
Industry Segment: Other Auto Related
Reason for Selling: Current Owners are retiring and remaining principal operates another business from the same location that they would like to invest the proceeds to grow.
Value of Inventory Included ($): $1,000
Value of Furniture, Fixtures, and Equipment ($): $10,000
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Located in the heart of the Memphis Trucking Center. The shop has a large overhead door with compressors and pressure washers. Also has large outdoor area where most of the truck detailing is done. There is an office that is currently shared with a partner business and will be after sale.
Employee/Labor Description: Currently employs 3 full-time employees.
Mgmt/Training Support Description: Owner will stay on to train and help operate on a negotiated basis.
Competition/Market Description: Memphis is one of the major trucking hubs in the country. With the convergence of railroads, the Mississippi River, major interstate highways and Memphis International Airport as hub for FedEx, the truck presence is second to none. This makes the area a major source for new and pre-owned tractor-trailer sales. These trucks need to be reconditioned to as new condition and Matador Truck Detail is a leader in this market.
Seller Financing Description: No Seller Financing Available- Cash to Seller at closing.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,588 71,817 212,214
Median Age: 31.2 35.35 34.8
Households: 1,979 26,943 80,646
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