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- RE: Power Equipment Sales & Service Business With RE
- Contact: Ed Settino
Quick Facts
Asking Price: | $1,490,000 | |
Annual Revenue: | $3,391,243 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $362,734 | |
Total Debt: | Not Disclosed | |
FF&E: | $85,000 | |
Real Estate: | $895,000 | |
Year Established: | 1940 | |
Employees: | 8 | |
BBN Listing #: | 1663381 | |
Broker Reference #: | 222009 |
Business Overview:
The business sells and services multiple lines of high-quality lawn, garden, and forestry power equipment for commercial and residential use. The service department services and fully supports what the company sells as well as product lines that are purchased elsewhere. Selling higher-end longer lasting equipment and maintaining a knowledgeable staff that can repair what is sold and educate their customers how to maintain their equipment has been the key to the company’s success.
Sales this past year were $3,391,243 with approximately 40% derived from new product sales and approximately 60% derived from service work generating consistent six figure discretionary earnings to the owner every year.
The business and real estate are offered at $1,490,000 and includes training during the transition of ownership, vendor, supplier and customer lists, good will, $85,000 worth of furniture, fixtures and equipment.
Parts and supplies inventory are available at cost plus associated shipping fees. The value of the parts and supplies, with associated shipping fees, ranges between $150,000 and $250,000 and will depend on the business cycle at the point of transfer to a new owner.
The floor-planned salable equipment inventory value ranges between $1,000,000 and $2,000,000. A new owner can floor plan the equipment to their comfort level.
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Property Features and Assets:
The 5000 square foot building is centrally located on a heavily traveled road surrounded by complimentary businesses and nearby residential areas.
Market Competition and Expansion:
The owner has successfully used many avenues to get and educate his customers. A new owner could bring these efforts to the next level. After 38 years in the industry, the owner is selling to pursue other interests. He very much wishes to have the business thrive and grow to the next level. Toward this end, he will provide full transition assistance during the transfer to the new owner.
Reason for Selling:
To pursue other interests.Additional Details:
- The property is owned.
- 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:
- View more New Hampshire businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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