Lawn and Power Equipment Dealer- Owner Retiring

Asking Price$399,000

Cash Flow
$172,136
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,402,384

Inventory$125,000
Included in asking price
FF&E$60,117
Included in asking price
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Lawn and Power Equipment Dealer- Owner Retiring


Asking Price$399,000

Cash Flow
$172,136
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$2,402,384

Inventory$125,000
Included in asking price
FF&E$60,117
Included in asking price
Business Description
The leading power equipment business Dealer in the Dutchess County, NY region with both a commercial and residential customer base. Over 10 of the leading dealer agreements in place. They are a nationally recognized dealer for the top manufacturers of products in the power and lawn equipment industry. They also service, repair, and sell new equipment on premises and the staff is all factory trained with all the up-to-date necessary certifications. They are the go to shop for all things power equipment. You don't want to miss this opportunity to own such a well run company that is poised for future growth. Over 4K customers annually! It's grown every year! Some commercial accounts as well.
About the Business
Years in Operation
47
Employees
9
Facilities & Assets
The real estate is also available for sale for $750,000. The location is a prime space near the town center with over 11,000 cars driving past the store's front door each day. The property consists of 9,000 square feet of leaseable space with a main retail store, service center and warehouse. Well maintained with ample parking and many improvements in recent years to the building. The real estate is a home run! Why rent when you can own!
Market Outlook / Competition
After over 40 years of success, this business continues to grow and is the leader in its territory. They have built up a strong network of customers, suppliers and manufacturer relationships so competition is minimal for their territory.
Opportunities for Growth
The US lawn and power equipment industry is nearly $9 billion and is expected to grow over the next few years. New types of power equipment will be phased in during that time and the opportunities for additional sales growth will be fueled by this new line of equipment. The Dutchess County area is booming so lots of new customers coming in!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,100
About the Sale
Seller Motivation
The owners are ready to retire after over 40 successful years in business.
Transition Support
Will train for 2 weeks @ $0 cost.
Listing Info
ID
2324276
Listing Views
1188

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Business Listed by: Daz Connell Murphy Business & Financial Corporation

Listing ID: 2324276 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. See our full Terms of Use. Learn how to avoid scams.