Price Reduced! 22-Year Power Equipment Sales and Service Company

Reno, NV (Washoe County)

Seller Financing Available
Price Reduced! 22-Year Power Equipment Sales and Service Company
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Asking Price: $595,999

Cash Flow: $225,001

Gross Revenue: $1,331,112

EBITDA: N/A

FF&E: $50,000

Inventory: $150,000

Established: 1995

Price Reduced! 22-Year Power Equipment Sales and Service Company

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Business Description

This profitable business is a huge name-brand leader in outdoor power equipment. They've been a mainstay in the community for over a decade and are a great example of a local, community dealer that's doing very well competing against the big box stores that offer comparable products. Large inventory of lawn care products, snow removal products, chain saws, and more. Solid return customer base through the sales of parts, and service. This company has maintained solid, long-term relationships with landscape contractors, home owners, and several construction businesses. There is a huge opportunity to grow the business through expanding relationships with the booming construction industry. Pride of ownership shows in every aspect of this company. They have an outstanding reputation for professionalism and quality and offer personalized support that always goes above and beyond expectations.

One of the greatest benefits of owning this company is its long history of repeat customers. Landscape contractors make up 70% of the repeat business, and homeowners, another 21%. Over 40% of customers have charge accounts, including government agencies. This diversity of clients ensures there's little threat to the business if a particular client is lost. An experienced manager has been in place for over two years and technicians are factory trained and planning to stay. Additionally, the Owner is willing to stay an extended period of time to ensure a smooth transition. Over $100,000 of Inventory is included in the sale. This business is absolutely turnkey. A motivated Buyer could easily capitalize on growth opportunities and expand the company rapidly, or simply step in and immediately enjoy continued growth and profitability running the company as-is.

The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase.

Detailed Information

Location:
Reno, NV
Inventory:
Included in asking price
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A 5,000 sf building on half an acre of land. High visibility and easy to access. Familiar to everyone in the area.
Competition:
No other power equipment dealer in Northern Nevada offers the same level of professionalism and quality of services. They have a huge repeat customer base, including landscape contractors, home owners, and several construction companies. They outperform the box stores by providing both sales and service on any power tool, machine, or part that they sell.
Growth & Expansion:
Rapid growth could be achieved by hiring a salesperson to reach out to the many new companies moving to Northern Nevada. Northern Nevada's economy is undergoing unprecedented growth and this company's business is already booming. Opening a second, or even third, store in Carson, Tahoe, or Sparks would be very profitable. Additionally, adding rentals to the business would add accounts, as would selling online through Amazon and eBay.
Financing:
Seller will carry with an SBA Loan or a Satisfactory Down Payment. Support & Training
Support & Training:
Negotiable
Reason for Selling:
Other business interests.
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(from currently available funds)
 
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Bradley Bottoset

Business Listed By:
The Liberty Group of Nevada

The Liberty Group of Nevada

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