Heavy Equipment Retailer
Location British Columbia,Canada
Asking Price Range $250K - $500K
Gross Revenues $644000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1988
Number of Employees 1 - 3
Inventory 190000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Reason for Sale Retirement.
Description Muscle Industries Ltd. is a heavy equipment parts retail store serving the logging, farming, construction and trucking industries. It carries a wide selection of hydraulic hoses and fittings, filters, oils and lubricants, seals, bearings u-joints and air intake products.
It was established in 1988 and has provided both owners with a good living wage. In 2011, the husband and wife owners took out $100,000 from the business, which provides for a comfortable lifestyle in Quesnel. The business has an established repeat customer base. Revenue has been growing significantly in the past few years as two competitors decided to retire and close their doors. The coming years also look promising due mainly to the increased activity in the lumber industry (due to demand from post-earthquake Japan).
The business is located in the industrial heart of Quesnel close to all of its largest customers. The building is a 4,000 SqFt. The land is 14,900 SqFt.
This is a turn-key acquisition as the business has all the inventory, shelving and vehicles. The business would be suitable for an owner operator who enjoys dealing with people and has a competent technical knowledge of all products sold.
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