For Sale
F.J. Smitheram
Trailer Towing
Castlegar, British Columbia

$149,900

Trailer towing business specializing in moving houseboats, guideliness,
big trailers and porches.  Pilot car service is also available.
See Also: www.fjsmitheram.com.

VALUE STATEMENT for F.J. SMITHERAM TRAILER TOWING LTD.
Gross sales average $147,750
  • 2009 $101,000
  • 2008 $175,000
  • 2007 $165,000
  • 2006 $150,000

$147,750

Tools and Equipment  (1) & (2)

(1)  Main Truck,  Secondary Truck, Parts Truck  $40,000

  • fair market value of equipment (in top condition)
  • inspected every six months (new replacement cost $210,000)

(2) Other Equipment (full list available to serious buyer) – $40,000

  • office equipment and supplies
  • computer and software 
  • pilot trucks
  • blocking
  • temporary walls
  • 12 tier dolly (not common)
  • (new replacement cost on other equipment $210,000)

 $80,000

Current yearly cash flow of $147,500 is valued at $15,000
(Support data released to qualified buyers with a Confidentiality Non Disclosure)

$15,000

Value of business website:

$5,000

Value of other intellectual property is $75,000
  • Client list and supplier list
  • Phone number (same since 1966 when business was established)
  • Licensed – fleet insurance  (neither of which is easy to get)
    • currently has 63% discount on insurance
  • Legal work done on bill of lading
  • Paperwork on contracts; legal work done
  • Extra Provincial registered – in Alberta – Office in Millet
  • Computers and computerized bookkeeping are all in place
  • Same accountant for past 17 years
  • Loyal staff
  • 6 month work year at present time
  • Everything is set up into a Ltd. Company

$75,000

 

Owner estimates value of business to be at least $175,000

 $175,000

ASKING PRICE:     

 $149,900

- Training and ongoing support available at $25 per hour for up to one year.
- Lease outside area for storage of equipment.
- Telephone and computer operate from seller's home.

*NOTE TO READER:  PIN provides a Value Statement. This is done for advertising purposes. These are numbers given to us by the client. We arrange these numbers into a formula. Pin does not know if the numbers are correct or what ratio should be used to determine the value or defence of value. That has to be determined by your accountant. Financial Institutions will only consider documents certified by accountants.  *Additional Note to reader-The business has been around since 1966.

Houseboat from dry land to water

This houseboat was moved from Castlegar (Kinnard) to Syringa Park Marina where it was launched.

This was moved on a 28' structural steel flat deck especially suited to the load.

This floating platform was custom built at Scotties Marine, transported to Kootenay Lake, launched and utilized as work platform for a heavy duty crane. The task at hand was to assist a land based railway crane extract locomotives out of the lake after a derailment. The locomotives had fallen into the lake at Kaslo.

Platoon Platform

Tying a Belt Slinger to 14' wide spreader  frame (preinstalled prior to transporting) to lift off first half of 14' x 52' doublewide.  GWIL 60 ton Link Belt crane is readying for the lift.

Loading 1/2 doublewide on Truck
1/2 doublewide loaded on truckbed

Loaded ˝ doublewide on
F.J. Smitheram truck.

60 ton Link Belt Crane has completed lift and transfer to trailer bed.

This unit was transported for Peter Kiewit and Sons during their stabilization project of 7 mile dam, on Pend Oreille River Dam, for earthquake resistance.

Transport of a double wide 1999 Northern Office Module from construction site. The module is being lifted off F.J. Smithram dollies to its temporary foundation. The surrounding terrain is rough and uneven. F.J. Smitheram has hauled the module to the site and is now levelling and blocking both units.

ABOUT THE COMMUNITY:

  • CLICK HERE to view an interactive map. (once map is open click on it to zoom in and out)

  • Please visit www.castlegar.ca for information about the community.

For more information,
please contact:

Marjorie
(250) 365-5308

8 info@fjsmitheram.com


DISCLAIMER:  We are not real estate agents.  Listings on www.pin.ca are private offerings and the sale of any investment unit listed on this website has not been qualified, endorsed or recommended by any Federal, Provincial or Securities agency or commission. Do your own due diligence with the help of licensed, professional lawyers, accountants and investment counsellors. Do not rely upon this, or related websites, for investment advice. We try to provide quality information, but we make no claims, promises or guarantees about the accuracy, completeness, or adequacy.

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