How do I find a trailer dealership for sale in Canada?
Search listing sites under several names, then work the people around the trade: brokers, manufacturer reps, lenders and trailer repair shops. Many trailer dealers sell quietly when an owner nears retirement. Ask any broker whom they act for, and ask which manufacturer lines come with the sale.
A trailer dealership usually sells cargo, utility, equipment, livestock or horse trailers from a lot, often under one or more manufacturer lines, with stock bought on a floor plan. That makes it a small and specialized corner of the market. Few of these businesses appear on listing sites at any one time, so expect to search in several places and to be patient.
Search under the words owners actually use
Owners label these businesses inconsistently. Try trailer dealer, trailer sales, trailer and hitch, and equipment trailers, along with the type of trailer you want to sell. Save your searches and set alerts. A listing may describe only the operating business, or it may bundle the lot and building, so read closely to see what is included.
Work the people around the trade
Manufacturer sales reps often know which dealers are thinking about an exit. Lenders that finance trailer stock, and trailer repair and RV shops, hear about sales early too. Owners near retirement may prefer a quiet conversation to a public listing. A short note explaining your background and what you can fund is often welcome.
Ask whom the broker acts for
If a broker brings you a dealership, ask whom they act for and how they are paid. Brokers are good partners in a sale, and the answer simply tells you how to read what you hear. Also ask whether the broker has handled dealer businesses before, because manufacturer lines and floor plan financing add steps that a general sale does not have.
Before you reach out
- Decide which trailer types and manufacturer lines you would want to carry.
- Prepare a short buyer profile and proof of funds.
- Expect to sign a confidentiality agreement before seeing records.
- Ask early whether the lot and building are owned or leased.
Related reading
10 pages on the same subject, grouped by topic.
Buying
- Expert answerHow do I find a trailer or truck body manufacturer for sale?
- Expert answerHow do I find an equipment rental business for sale near me?
- Expert answerHow can I tell whether a trailer manufacturer is profitable before I buy it?
- Expert answerShould I buy an existing equipment rental business or start one?
- GuideBuying a heavy truck and trailer repair shop in Canada
Financing
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentWorking with a broker to find a business to buy
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
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