Profitable Outdoor Power Equipment Business For Sale
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $400000
Net Profit / Cash Flow $150000
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 4 - 5
Inventory $800,000 (includes property)
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Owner is available for transitioning period.
Reason for Sale Early retirement thanks to the business growth.
Description This very profitable business offering equipment & parts, sales, warranty, repair, and service was started in 1998 and has not stopped growing and making a profit since! The nature of this business has proven very stable and buffered from swings in the economy.
This business owner started his hobby of repairing equipment in a 10 x 18 backyard shed and within a 2 month period had to quit his regular job to continue his growing hobby, turned business. The current location which includes a shop with multiple workstations, a showroom, parts area and office was purchased 4 years ago and additions and improvements have since been added. Advertising on major product websites and exposure is increasing daily. New customer referrals are exceptional and stand at 95%. Their referrals come from dedicated customers and other local businesses such as lowe's and wal-mart. This business does repair and service work on all brands and types of outdoor power equipment for both residential and commercial applications. Including but not limited to equipment such as lawn mowers, trimmers, edger's, chain saws, tillers, log splitters, generators, pressure washers, atv's, scooters, small cement mixers, chop saws, golf carts and other small engine equipment. Sales include new equipment, parts and accessories. New equipment sales include country clipper and dixon brand zero-turn mowers, poulan and dixon riding mowers; maruyama and redmax hand held equipment, worldlawn, earthquake, peco and other products. Authorized warranty work is performed on premises for all brands sold.
Asking $1.3 million
All equipment, inventory & property are included in the asking price.
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