Power Equipment Sales
| Asking Price: | $1,600,000 | Inventory: | $523,000 ++ |
| Gross Revenue: | $894,252 | Real Estate: | $340,000 ++ |
| Cash Flow: | Not Disclosed | FF&E: | $50,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Founded in 1981 with current ownership since 1989, this licensed power equipment retail business’ primary business activity is selling Stihl power equipment (60% of revenue). In addition, the retail sales of Exmark lawn mowers, sport-utility equipment and parts sales account for 30% or revenue. The company also offers equipment repair labor, amounting to 10% of business sales. The current owner is an authorized dealer of the Stihl, Exmark, Honda, Kohler, Kawasaki brands to name just a few. The customer base is very large and varied with an estimated 10,000 regular customers and 90% or revenue is from repeat business. This is largely due to the high-quality service and products provided. This business is versatile in that it could be run in either a “hands-on” manner or absentee.
About the Business
Year Established:1981
Facilities:The building and land is owned and included in the sale of the business and consists of one single-story building with a total sq. ft. of 12,500 situated on approximately 11/4 acres. Addition features include an outside fenced storage area and a 24x36 outdoor display area and security system. The building is in good overall condition and could be expanded at its current site, if desired by a new owner. The establishment is located off of a six lane state hwy. and therefore is in a high traffic area with very good visibility.
Market Outlook and Competition:Growth and expansion could be obtained by increasing the advertising in the area.
About the Sale
Management Training and Support:The current owner has agreed to stay on through a reasonable transition period in order to acclimate the new owner to the business, employees and clientele.
Reason For Selling:The current owner is ready to slow down and devote more time to family after many successful years owning this business
KEYWORDS: retail equipment, power equipment, repair labor
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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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