Outdoor Equipment Dealer

PA

Outdoor Equipment Dealer

Asking Price:$950,000

Cash Flow:N/A

Gross Revenue:$5,249,878

EBITDA:N/A

FF&E:$200,000

Inventory:$600,000

Established:1975

Outdoor Equipment Dealer

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Business Description

The largest outdoor power equipment dealer in South Central Pa, handling premium product lines and providing outstanding service to commercial, government agencies and the consumer markets.The equipment dealer started in the business in 1975 and has grown from a small startup. They have continually grown through its’ move to into a 4,000 square foot facility that today has expanded to over 16,800 square feet of showroom, shop and warehouse space. They have expanded its’ customer service and sales base to the East Shore by acquiring a satellite location. This provides over 2500 square feet of additional showroom and shop space.As the business grew they added to the product line offering, which today is quite extensive. Today, the company has several highly prized product lines that they market. As with any growing concern, The business has also built a staff of highly qualified people. The product lines they offer are lawn and garden tractors, walk behind mowers, snow blowers, commercial mowers, shredders, chipper vacs, tillers, generators, blowers, chain saws, and a full range of compact utility equipment, attachments and supplies. They have one of the largest parts inventories in South Central PA for the product brands carried, plus parts for numerous other products brands not carried, but serviced by them.

Detailed Information

Inventory:
Included in asking price
Employees:
15 FTE, 1 PTE
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The West Shore facility is leased from the owner at a current rate of $5,000 per month. The owner will lease the property for $5,000 per month for five years plus an option to renew for two (2) additional terms of five (5) years. The West Shore facility consists of a showroom, shop and warehouse space totaling 16,800 square feet. There is also outside temporary storage for new boxed hand mowers in the truck trailers. These are modern, up-to-date facilities. The East Shore facility is a satellite store of 2500 square feet of showroom, shop and warehouse space.
Competition:
There are other outdoor power equipment outlets on both the East and West Shore - none however approach the size or reputation of this equipment dealer. We must recognize that the large chain stores like Wal Mart, Lowes and Home Depot do retail some of the same types of equipment sold by this dealer but they do not have the in-house parts and service departments to service the customer after the sale. The business is one of a few outlets that has an up-to-date, start of the art computerized parts look-up system. This provides the customer a much quicker service / sales response when others must rely on older scan of micro-fische or paging through various parts manuals.
Growth & Expansion:
Ideal situation for a strong buyer to own a premium business that has a very strong market position.
Financing:
Seller is not offering financing.
Support & Training:
The seller will provide a mutually agreed upon period of training with a new owner following the purchase to ensure a smooth transition of ownership.
Reason for Selling:
The seller after 40 years in this business is looking to retire.

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Cindy Miller-Olweiler

Business Listed By:
Cindy Miller-Olweiler

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