Outdoor Power Equipment Sales & Service-Profitable & Growing

IA

Seller Financing Available
Outdoor Power Equipment Sales & Service-Profitable & Growing
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Asking Price: $109,000

Cash Flow: $42,203

Gross Revenue: $661,719

EBITDA: N/A

FF&E: $100,000

Inventory: $200,000*

Real Estate: $199,000*

Established: 2008

*not included in asking price.

Outdoor Power Equipment Sales & Service-Profitable & Growing

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Business Description

Established and profitable Outdoor Power company

Profitable and growing outdoor power equipment and parts and service company. Sales have grown from $500,000 to almost $800,000 in past few years. Business started in 2010 and has grown steadily since then and is positioned for future growth with great location and beautiful growing community. Business has a dealership agreement and exclusive representation with Walker Mid America and has non-exclusive dealership agreements with Echo, Toro, Husqvarna, MedArt, Kohler, and Green Mountain Grills.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,000
Employees:
3 FT/1 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Nice facility with over 3000 sq ft building and over 14,000 sq ft lot and plenty of parking and indoor and outdoor retail showroom space on major highway with high visibility in a growing community. If Buyer chooses to lease Real Estate, Lease is only $1750/month. $1750 x 12 mo. = $21,000/year was added to tax return totals as shown below.
Competition:
This is the only outdoor power equipment retail/parts/service a 12 mile radius. Typical competition from Wal-mart on retail side and mom and pop competition on the service side.
Growth & Expansion:
Outdoor power equipment is a growing industry due to more and more customers preferring larger mowers and snow blowers and service to maintain them.
Financing:
$98,100 down/ $10,900 for 24 mos. @ 6%.
Support & Training:
Will train for 2 weeks @ no cost. Management handles the normal functions of a retailer/parts/service business including managing inventory and service calls. Seller/manager works approximately 30 hours/week on this business. A full time owner/manager could improve upon efficiencies.
Reason for Selling:
Health reasons.
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Dan Tryon

Business Listed By:
Dan Tryon

Murphy Business & Financial Corporation

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Sponsoring Broker:
Michael Rooney

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