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Profitable Power Equipment Business

Merrimack County, NH

Profitable Power Equipment Business
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Asking Price: $595,000

Cash Flow: $217,912

Gross Revenue: $2,270,245


FF&E: $50,000

Inventory: $150,000*

Established: 1937

*not included in asking price.

Profitable Power Equipment Business

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Business Description

Long established, highly profitable business with continued growth potential.

This long-established, profitable business sells multiple lines of high quality lawn, garden and forestry power equipment for commercial and residential use. The organization services and fully supports what they sell and even service most equipment purchased elsewhere. Everyone in the company strives to create and maintain good customer service. Selling higher-end longer lasting equipment and maintaining a knowledgeable staff that can repair what is sold and can teach their customers how to maintain their equipment has been the key to the company’s success. Sales this past year were $2,270,245 with approximately 40% derived from new product sales and approximately 60% derived from service work generating consistent six figure discretionary earnings to the owner every year. The business is located on a heavily traveled road surrounded by complimentary businesses and nearby residential areas. The owner has successfully used many avenues to get and educate his customers. A new owner could bring these efforts to the next level. After 30 years in the industry, the owner is selling to pursue other interests. He very much wishes to have the business thrive and grow to the next level. Toward this end, he will provide full transition assistance during the transfer to the new owner. The business is offered at $595,000 and includes training during the transition of ownership, vendor, supplier and customer lists, good will, $50,000 worth of furniture, fixtures and equipment, the availability of saleable inventory, both floor-planned and on-hand. The floor-planned inventory value ranges between $550,000 and $1,000,000 and the on-hand inventory value; including parts and supplies, ranges between $150,000 and $200,000, depending on the business cycle at the point of transfer to a new owner.

Detailed Information

Merrimack County, NH
Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
The business is centrally located on the very busy street in an area filled with complimentary businesses and commercial office space and residential homes with easy access to major routes. Customers generally come from a 30-mile radius.
Growth & Expansion:
The business has a strong customer base and does outreach to keep in touch. There are opportunities to introduce additional levels of engagement and outreach to increase sales.
Support & Training:
The owner is selling to pursue other interests. He very much wishes to have the business thrive and grow to the next level. Toward this end, he will provide full transition assistance during the transfer to the new owner.
Reason for Selling:
To pursue other interests.
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Leon Parker, CBI, President

Business Listed By:
Leon Parker, CBI, President

New Hampshire Business Sales, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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Demographic Information


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