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Sales, Service, Repair Professional Grade Tools For Sale
Location Florida,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1015000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1978
Number of Employees 6 - 9
Inventory 900000
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Owned
Training Owner will stay for a reasonable transition to acclimate new owner to area, business and clients. Also he is willing to stay on in some capacity after the sale if a new owner so chooses. A management team is in place, employees will most likely stay after
Reason for Sale Retirement
Description This wonderful retail establishment for sale started in 1978 and was purchased by the existing owners in 1991. They offer sales, service & repair of professional grade tools for trucking, ship repair and the construction industries. They offer solid cash flow for a new owner and have never had a loss in their many years of business. They have a very good reputation with professionals in the industry and have a long term customer base. This business offers tools and supplies for auto, truck, industrial and constructions businesses as well as individuals. They also have a factory authorized tool repair service on most major brands of electric and air tools. Call today for more details!
This fine business has a customer base with 99% being either mechanics or equipment professionals that use equipment on a daily basis. Business and city licenses are required to operate this business. This company holds many manufacturer agreements for sales and repair, as well as dealer agreements. It is owner operated and the owner has hit the age of retirement. This company supplies and offers repair services of tools to businesses, government, mechanics, that use tools on a daily basis.
Located on 1.1 acres of land, the 10,000 sq ft building was built in 1950 and in good overall condition. The building includes 3 offices, 2,600 sq ft storage, 3,600 sq ft shop plus a staff room. It is in a good location with high traffic and easy access in the industrial part of town. Current location is perfect, easy to find, centrally located, easy on/off near major express way. Located in same location for 30+ years, the property is owned with option to lease, lease to own, or buy. The owner is open to 10% down for the lease purchase scenario.
All equipment and inventory are included in the sale. Also there are 2 vehicles included. '02 f-150XL pick up and '96 ford explorer, both are in good shape.
Asking price: $998,000.
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