Commercial Vehicle Reseller – Internet Driven Sales Model (#1558)

Revenues:
$8,412,070
Adj. Cash Flow:
$775,078
Region:
North Carolina
Location:
Asheville, NC
This business has been SOLD and is no longer available. Please visit our main Businesses For Sale page to search all available businesses.

Overview:

Overview

Located near Asheville, NC since 1994, this top-performing commercial vehicle reseller, sells pre-owned trucks and vans to local contractors as well as commercial, industrial, trade, municipal, institutional and non-profit organizations and individual customers along the east coast and southeastern United States.  With five (5) full-time employees (including the two owners), this business produced more than$1.5M in annual revenue per employee in 2018-19 and grew at 16% CAGR from 2012-19.

Company Strengths

  • Largest pre-owned commercial truck and van sales center in the region
  • Well-organized business processes and effective advertising & marketing strategy
  • Diverse customer base includes Commercial, Industrial, Trade, Institutional, Non-Profit, Service, and Individual buyers
  • Sourcing and sales methods that can be taught to the new owner
  • Excellent reputation for high quality vehicles and customer service
  • Outstanding online customer reviews

Perfect Opportunity For

This business is ideal for an owner/operator, family business, partnership or strategic buyer. Future growth opportunities include offering mid-duty vehicles such as crane, bucket and box trucks and onsite short-term commercial vehicle rentals.  The owners are committed to providing post-acquisition training and support to ensure a successful transition.

This business has been pre-screened by leading SBA lenders offering favorable rates and terms for qualified buyers.

For more information, contact Jeff McKeehan at (828) 808-5528 or [email protected].

 

Revenue:
$8,412,070
Adj. Cash Flow:
$775,078

Your Listing Advisor.

Jeff McKeehan

Managing Partner

Jeff McKeehan, before joining Viking, enjoyed success as the President and Co-Owner of EHD Technologies, a nationally recognized and award-winning provider of technical and professional services. EHD Technologies was acquired in 2017 by Groupe CRIT SA (CEN.PA).

Prior to owning and operating EHD, Jeff served as a Vice-President of Business Operations with Aerotek Inc. Before Aerotek, Jeff had a successful career at TE Connectivity (formerly Tyco Electronics) as a Director of Manufacturing Operations where he led and managed several fully integrated advanced manufacturing facilities.

His expertise includes sales and operations planning, business strategy development, training, leadership, organizational development, operations management, talent acquisition, human resources, process improvement and quality systems management.

Jeff earned a BA in Business Administration from Belmont Abbey College and an MS in Organizational Management from Pfeiffer University. His post-graduate work includes Merger and Acquisition studies through Columbia Business School.

Jeff’s interests include teaching, mentoring, and the development of aspiring leaders. As a practitioner of organizational development, his passion is helping individuals and organizations transform, improve, and grow.

A lifelong resident of Western North Carolina, Jeff resides in Tryon, NC with his wife Tracy. He serves on UNC Asheville’s Department of Management and Accountancy board and is engaged in supporting entrepreneurs and business owners in the community.

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