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Cincinnati Business Brokers

25 Year Garden Equipment Repair / Maintenance In Cincinnati For Sale

Cincinnati, Ohio, US
Asking Price:
$479,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$577,000
Cash Flow:
$206,000

Sales grew 30% from 2020 – 2021 and 21% from 2021 – 2022 and are on the rise this year. Current owner has shrewdly used customized industry software and management procedures to streamline business operations. Virtually no advertising has been done and the company only services a small segment of Greater Cincinnati.

The company is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan eligible
Equipment included – $95,000
No accounts receivable – all cash
Inventory included – over $18,000
Database of over 11,000 customers
Over 2,600 customers serviced in 2022
Clean books and records – all numbers are verifiable
3,300 square foot facility which includes warehouse and offices

Property Information

Real Estate:

Lease

Premises Details:

This is a 3,344 square foot facility with 2 offices and a large warehouse / service area.

Business Operation

Expansion Potential:

The company only services a small segment of Cincinnati so expanding the territory would increase sales dramatically. Virtually no advertising is taking place so SEO marketing could drive sales up as well.

Competition / Market:

This company is certainly the largest and most unique of its kind in Greater Cincinnati. There are very few competitors in this industry.

Reasons for selling:

Health issues.

Trading hours:

Monday thru Friday

Employees:
7
Years established:
25

Other Information

Support & training:

The owner will train in all aspects of the business and will be available to ensure a smooth transition.

Financing available:

SBA loan eligible

Furniture / Fixtures value:
$95,000 - included in the asking price
Inventory / Stock value:
$18,000 - included in the asking price