Specialized Municipal And Construction Equipment Business For Sale

Business description

This company sells and services highly specialized municipal and construction equipment for governmental agencies and the construction industry since 1984. This Tennessee business has thrived by selling quality products and having good knowledgeable employees to count on. They cover all of Tennessee with expansion possibilities into the neighboring states. It has exclusive territories from several of the manufactures it represents. New inventory fluctuates greatly in this business and is typically ordered as required. New inventory will be priced at time of closing at cost. Included in the asking price is $1,200,000 in used equipment inventory and parts. The owners are selling because they are at the age to retire. They will stay for a negotiated extended period to fully transition to the buyer and assure success.

Facilities: The building sits on 2.5 acres and is 17,500 square feet. The facility is fully utilized and leased for $7,000 per month. The real estate is available as a separate negotiation.

Competition: Fully developed niche market with few competitors. They weathered the economic downturn very well. They have exclusive territories, outlined by the represented manufactures, allowing this company to control a substantial percentage of market shares.

Growth/Expansion: New product lines can be added. Territories are not fully covered.

Property information

Real Estate:

Lease

Premises details:

17500 sq ft, $7000.00

Business Operation

Reasons for selling:

Retirement

Trading hours:

Days: Monday - Friday, Hours: 7-5

Employees:

Full Time: 13

Years established:

28

Other information

Financing available:

Downpayment Required: $0

Inventory / Stock value:

$1,200,000 (included in the asking price)