The business sells and services multiple lines of high-quality lawn, garden, and forestry power equipment for commercial and residential use. The service department services and fully supports what the company sells as well as product lines that are purchased elsewhere. Selling higher-end longer lasting equipment and maintaining a knowledgeable staff that can repair what is sold and educate their customers how to maintain their equipment has been the key to the company’s success.
Sales this past year were $3,378,556 with approximately 40% derived from new product sales and approximately 60% derived from service work generating consistent six figure discretionary earnings to the owner every year.
The 5000 square foot building is centrally located a heavily traveled road surrounded by complimentary businesses and nearby residential areas. The owner has successfully used many avenues to get and educate his customers. A new owner could bring these efforts to the next level. After 32 years in the industry, the owner is selling to pursue other interests. He very much wishes to have the business thrive and grow to the next level. Toward this end, he will provide full transition assistance during the transfer to the new owner.
The business and real estate are offered at $1,490,000 and includes training during the transition of ownership, vendor, supplier and customer lists, good will, $85,000 worth of furniture, fixtures and equipment and the availability of assuming the floor-planned, on-hand salable equipment inventory plus, at cost, the parts, and supplies inventory with the associated shipping fees.
The value of the floor-planned salable equipment inventory value ranges between $1,000,000 and $1,500,000. The value of the parts and supplies, with associated shipping fees, ranges between $150,000 and $250,000 and will depend on the business cycle at the point of transfer to a new owner.
