Sales and Service of Lawn and Garden Equipment

Mid West

Seller Financing Available
Sales and Service of Lawn and Garden Equipment

Asking Price:N/A

Cash Flow:$132,000

Gross Revenue:$2,200,000

EBITDA:$94,000

FF&E:$125,000

Inventory:$649,339*

Established:1960

*not included in asking price.

Sales and Service of Lawn and Garden Equipment

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Business Description

The Company is a retailer and service provider for both agricultural and lawn and garden equipment. The Company specializes in feed and manure handling equipment in the dairy industry and is well-known for its excellent product offerings and service capabilities by farmers within the region.
The Company leverages its reputation with large agricultural equipment with its lawn and garden department where The Company provides the same high level of quality and service to non-farming customers.
The Company’s product mix consists primarily of agricultural equipment (65% of revenue) including mixers, silo unloaders, tanks, spreaders, pumps, and scrapers. The remainder of the Company’s revenue consists of lawn and garden equipment (35%) including lawn mowers, chainsaws, blowers, and trimmers. In addition, the Company provides service on everything it sells.

• Brand-Name Products: The Company’s products are from large, well-known manufacturers including Stihl, Patz, Briggs & Stratton, and Jamesway.
• Strong Supplier Relationships: The Company has developed strong relationships with its suppliers that have resulted in favorable pricing and timely delivery of products.
• Management Will Remain through Transition: The current owners are willing to stay with the Company during a transition period in order to ensure a seamless transfer of ownership.

Detailed Information

Inventory:
Not included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facility is comprised of one main 6,720 square foot building and a 1,872 square foot storage building. The main building is utilized for office and administration purposes. The facilities are leased from a related party at the fair market rate. Each facility is in excellent condition and can accommodate significantly higher revenues without major leasehold improvements or capital equipment expenditures.
Support & Training:
Owner are available for a smooth transition period.
Reason for Selling:
Retirement
Business Website:
http://investor.novant.biz

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Novant Capital Group

Business Listed By:
Novant Capital Group

Novant Capital Group

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