Business Overview

High Discretionary Earnings | Consistent Growth | Little Competition

This is your chance to profit from the rapidly expanding revenues of the $9 Billion Lawn and Outdoor Equipment Store industry. Owner is retiring. The growth of the big-box retailers in the metro areas has had little impact on this protected, bedroom community outdoor equipment retailer and service center. In fact, they have experienced consistent double-digit growth for years, and the end is nowhere in sight!

• Tractor and Lawn & Garden Supercenter with a large, varied inventory and a fully equipped service facility

• Giant, newly renovated showroom

• Same ownership since 1996

• Experienced, motivated, and knowledgeable sales management and staff

• Discretionary earnings growing significantly year over year

Contact CBI Tulsa today for more information!

Financial

  • Asking Price: $2,500,000
  • Cash Flow: $448,819
  • Gross Revenue: $8,795,481
  • EBITDA: N/A
  • FF&E: $136,500
  • Inventory: $294,415
  • Inventory Included: Yes
  • Established: N/A
Purpose For Selling:

retirement

Additional Info

The transaction shall include inventory valued at $294,415, which is included in the asking price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. Nonetheless, the real factor vs the one they say to you might be 2 entirely different things. As an example, they might claim "I have too many various obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be excuses to try to conceal the reality of altering demographics, increased competition, current decrease in profits, or a range of other factors. This is why it is very important that you not rely totally on a vendor's word, but instead, utilize the seller's answer combined with your overall due diligence. This will paint a much more practical image of the business's present scenario.

Existing Debts and Future Obligations

If the current company is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Lots of businesses finance loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can imply that profit margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future obligations to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that have to be fulfilled or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do operating businesses in the location bring in new customers? Often times, companies have repeat clients, which create the core of their day-to-day profits. Particular variables such as new competitors sprouting up around the location, road building and construction, and employee turnover can impact repeat consumers and also adversely affect future profits. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the greater the chance to develop a returning client base. A final idea is the general area demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? Exactly how might the neighborhood median household income influence future earnings potential?