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Power Equipment Business For Sale
Location New Jersey,United States
Asking Price Range < $250K
Gross Revenues $160000
Net Profit / Cash Flow $50000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1970
Number of Employees 1 - 3
Inventory 350000 Equipment Only
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training The seller will supply a thirty day transitional period and remain thirty days post closing.
Reason for Sale Retiring after many successful years in this particular industry.
Description This well known power equipment and small engine business is your one stop shop in Passaic County, NJ. The business has a gross income of $160,000 and can verify a yearly net income of $50,000. The seller is retiring after many successful years in the industry and will finance the sale with a modest down payment. The business income consists of 20% sales, 80% repairs, they carry the brands most people want and their commitment to service is excellent. They are dedicated to offering a superior product and service to the commercial landscaper & home owners throughout the area and surrounding counties. Their knowledgeable parts, and factory-trained service staff have been recognized by both suppliers and manufacturers and they provide a large variety of lawn care products and unmatched service to homeowners and commercial landscapers! The business provides quality products at competitive prices. This small engine business sells full lines of residential and commercial power equipment. It s that level of experience that gives you confidence in your equipment and the standards at which it is maintained. The sale includes a large volume of equipment, products and supplies with a substantial wholesale value.
The facility has adequate private parking on the site and part of the lease agreement. The business is operational six days per week with hours from 8:00 am to 5:00 pm. No specific license is required to own and operate this business. The sale includes a ten year commercial lease with a monthly rent of $1,500. The business has two experienced employees, unaware of the pending sale and expected to remain post closing. This company has been delivering top quality products and unbeatable equipment service.
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