71361-Lawn and Garden Equipment & Repair Dealership

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Asking Price:
$450,000

Gross Revenue:
$364,000
Cash Flow:
$38,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$320,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$205,000
not included in asking price

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Business Description

The company is a service and distribution provider of lawn and garden equipment targeting individual and commercial customers. They specialize in top quality national brands such as Husqvarna, Briggs, Tecumseh, Kohler, Honda, and Kawasaki. The types of products they sell and service are riding mowers, blowers, weed whackers, chain saws, etc. The 2,500 square foot facility includes a storefront, showroom, warehouse, and office space. Valued around $205,000, the current owner prefers the property to be purchased in addition, lease is available.. Offering these products and services requires a facility to display and store inventory, a service area to effect repairs, and staffed with knowledgeable and trained personnel. The company has a proven track record with 36 years of ongoing business. With its wide range of products, marketing efforts focus on targeting residential and commercial property owners, farmers, and professional landscapers within a 20 to 30-mile radius in Northern Ohio. Revenues have been increasing over the past 5 years, due to the improving economy. Last year, the Company’s total revenue was $364,212 with 2017 projections of $400,000. The Company is expecting to reach $400,000 in revenue for 2017. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation.

About the Business

Location:
Ohio
Year Established:
1984
Number of Employees:
3
Real Estate:
Owned
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About the Sale

Reason For Selling:
Approaching retirement
Training/Support:
While the owner will be available for a standard transition, the employees will most likely stay on.
Seller Financing:
Negotiable for the right buyer

Listing Info

ID:
1450450
Ad Detail Views:
1693

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