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- RE: Lawn And Power Equipment Dealer- Owner Retiring
- Contact: Daz Connell
Quick Facts
Asking Price: | $299,999 | |
Annual Revenue: | $2,402,384 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $172,136 | |
Total Debt: | Not Disclosed | |
FF&E: | $60,117 | |
Real Estate: | Not Disclosed | |
Year Established: | 1978 | |
Employees: | 9 | |
BBN Listing #: | 984739 | |
Broker Reference #: | 3402-14816 |
Business Overview:
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 4,000 customers annually! It's grown every year! Some commercial accounts as well.
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Property Features and 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!
Assets = $185,117
Market Competition and Expansion:
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.
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!
Reason for Selling:
The owners are ready to retire after over 40 successful years.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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