VRG closes sale of trailer dealership
San Diego, CA, United States– Vanguard Resource Group is pleased to announce the successful sale of a prominent southern California trailer dealership. Vanguard Resource Group represented both the buyer and seller in the transaction.
The seller is a well-known retailer of utility, horse, construction, and specialty trailers serving all of southern California and much of the Southwest. With a strong reputation and over 20 years in business, the company generated interest from multiple investors. However, given the uniqueness of the business, the seller was searching for a buyer with some related experience that could take the business to the next level.
Ken Oppeltz, Managing Principal of Vanguard Resource Group, stated “Because of the strong financial results, the company generated a lot of interest. But we were able to identify a buyer with vehicle dealership experience, both in operations and in sales management. Since the seller owned the real estate and would be the buyer’s new landlord, it was important to find just the right buyer. We think this deal was a win-win for both parties”