$45,000 Dn.Construction Service Business w/$100,000 Inventory

Volusia County, FL

Seller Financing Available
Power Tool Retail Store For Sale
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Asking Price: $430,000

Cash Flow: $185,500

Gross Revenue: $704,043

EBITDA: N/A

FF&E: $38,000

Inventory: $100,000

Real Estate: $250,000

Established: 1984

$45,000 Dn.Construction Service Business w/$100,000 Inventory

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Business Description

Busy Great Books and Records

Great opportunity to purchase a commercial grade quality power tool & contractor supply store that is an authorized warranty service center for most major brands of well known high end products. 60% of income comes from retail sales of all kinds of equipment and supplies and 40% comes from in-house repair and service. Well established customer base with excellent reputation. No other warranty service center in the area. Repair employees on site. Well maintained retail property with new roof, a/c, wiring, etc. Good exposure on main road with high traffic count . Additional income from a tenant on the end of the building. Customer parking in front of the building and additional land for parking or expansion in the back of the property with access from the back street. All kinds of potential to create additional income. Great books and records. Pay $430,000 for the business, which has been prequalified for SBA financing with 15% down, and owner will finance the 3700 SF building priced at $250,000 with no money down. What a deal!!! Owner flexible and motivated

Detailed Information

Location:
Volusia County, FL
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,500
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Stand alone building with parking in the front and back. Income Producing. Roll up door for loading and unloading. Huge chain linked fenced paved back yard for which has a carport and portable storage pod in the back of the building that opens to a side street. Easily expandable building. Seller has well maintained the concrete block building with new roof, a/c, monitor security system, and more.
Competition:
No competition for the warranty work in the area. Carries heavy grade tools not found in big box retailers. Trained staff to handle repairs.
Growth & Expansion:
Many ways to expand by taking on another line of tools or hiring an outside salesman that could work on commission going to construction sites. Create a website and do online sales. There is new development going on all over the area.
Financing:
Seller Financing Possible
Support & Training:
Seller will train for 30 days but has employees on site to do repairs of the power tools.
Reason for Selling:
Retirement
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(from currently available funds)
 
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Phyllis Moor

Business Listed By:
Phyllis Moor

Florida Business Exchange, Inc.

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Sponsoring Broker:
A. Bert Risdon, B.C.I.

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