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Lawn & Garden Power Equipment Sales & Service Business For Sale
Location Ohio,United States
Asking Price Range $250K - $500K
Gross Revenues $300000
Net Profit / Cash Flow $66000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1948
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Owned
Training Will stay with the buyer for up to 1 year with a salary.
Reason for Sale Retiring. Health Problems
Description Purchase Price: For the building and the business is $354,000. Owner Financing is Negotiable. The business is valued at $70,000 and the real estate is valued at $284,000. price includes the real estate and the business.
Cash Flow: The business income plus the rental income is $100,000 annually.
Down Payment: $100,000
Business Activity: Sales and Service of power yard equipment.
Profit Center #1: Sales of Chain Saws, Blowers and Accessories.
Profit Center # 2:
This profit center has not been implemented by the current owner. The larger equipment, ie. Lawn Mowers, Riding Mowers, Tractors, Trenchers, Rototillers are all the other equipments that can be sold and serviced at this location. There is a shop area that is currently rented out to a contractor. This area can be used for the larger equipment.
History: The business was started by the current owners father in 1948. The son took over the ownership in 1982. There have only been two owners in the last 62 years. They are a part of the community and have a great reputation with the city government, the Park Services, as well as the home owners in the Community, in addition to the surrounding suburbs.
Key Investment
Considerations: The buyer for this business should have the ability to do small engine repair work or have the management ability to hire the individuals that have the that type of ability. The owner currently does a lot of the work along with his key helper that had training for small engine repair. A sales oriented buyer is essential for this business. A large percentage of the business comes from sales calls made by the owner to the city governments and park services. Those same buyers are buying the larger equipments. They have a good relationship with a company that has been around since 1948. If they are presented with the opportunity to buy all of their equipment needs both in sales and service, it is a natural extension of the business model.
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