52 Aquidneck Drive
52 Aquidneck Drive Tiverton, Rhode Island 02878 United States

$224,900
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Listing Courtesy of Century 21 Topsail Realty
Commercial
Property type
1975
Year Built
1257845
Web Id
1257845
MLS ID
Tiverton
School District
157
days ago

About 52 Aquidneck Drive

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.

PROPERTY INFORMATION

Location
Downtown
Listing Courtesy of Century 21 Topsail Realty
Listing Courtesy of Century 21 Topsail Realty