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Diverse Power Equipment, Plow and Trailer Company
Wholesale and Distribution - Wholesale and Distributors | Home and Garden - Hardware and DIY Retailing
| Asking Price: | $1,606,346 | Inventory: | $388,809 ++ |
| Gross Revenue: | $271,493 | Real Estate: | $650,000 ++ |
| Cash Flow: | $83,996 | FF&E: | $240,573 ** |
| ++ included in the asking price ** not included in the asking price | |||
Seller Financing Available!
The Company sells a diverse array of outdoor power equipment, which includes trailers of all types, plows and sanders, mowers, 2 cycle products, large tractors, and three point hitch attachments to retail customers. The Company buys and sells all of its products in a competitive marketplace. The Company has no proprietary products or exclusive rights to sell its products. There are several competitors within the market range of the Company all selling similar products. Competition is based primarily on diverse array of equipment. The active customer base includes approximately 5,000 different purchasers. No one customer accounts for more than 8% of total annual sales. The vast majority of customers have been repeat customers for many years. New customers are developed primarily through the company sales force.
Web Site of Business: www.garysequipmentco.com
Web Site of Business: www.garysequipmentco.com
About the Business
Year Established:1984
Employees:2 full time -
Facilities:The Company is fully contained in three stand-alone buildings comprising approximately 6000 sq. ft. of office/showroom/warehouse space and has been in the same location since 1984. The primary shareholder, Mr. Gary Schaap owns the real estate and leases the facility to the Company. A long-term lease could be negotiated between the buyer and seller of the business to ensure a continuity of location and a predictable and stable rent expense.
Market Outlook and Competition:Lawn and Garden Service Mabie Brothers White Farm Supply Central Square Farm and Lawn John Deere, Dealers Kubota Dealers Although there are many possible competitors, the Company is able to effectively compete by targeting its services directly to its loyal customer base, keeping prices competitive, offering superior service of accounts, and building additional business through it excellent reputation and resultant referrals. The Company is known for its 25 years of experience and superior problem-solving ability. he Company s principal products in terms of sales price volume for the most recent fiscal year ending were: $2,208,501. Tractors, plows, trailers and power equipment products Service, supplies and parts equipment The Company purchases its products for resale from several dozen vendors.
About the Sale
Management Training and Support:The seller will remain with the Company after the sale as a paid employee/contractor/on-demand consultant for a period of 6 months to assist with the transition of ownership.
Reason For Selling:The seller wishes to retire.
Seller Financing:40% Financing for 10 Years at 7% Intrest
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Industry: Wholesale and Distribution
Segment: Wholesale and Distributors Last Viewed: Special Trade Contractor
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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