Business Overview

Opportunity to acquire a highly lucrative outdoor power products business that has been in place for over 30 years!

The business generates well over $1.8 million in sales, with steady year to year growth and can keep growing even more as it does very little advertising. Can further increase revenue with extended service, longer hours, financing, and equipment rental.

Selling high-end brands – Stihl, Honda and Cub Cadet – including commercial lines. Selling and servicing generators, lawn mowers, pressure washers, pumps, tillers, trimmers, blowers, chain saws, and more. Large selection of parts and superb service from minor tune-ups and maintenance to major overhauls.
Tenured knowledgeable staff focused on long-term relationships and educating the clientele on the best equipment for their personal needs. Providing exceptional service to separate them from the big Box retailers.
Well-established book of business with individual and commercial repeat customers; exceptional books and records so a buyer can buy with confidence.
Includes property (about 1 ½ -acres), multiple buildings including retail parts storefront, warehouse space, office space and bays for service. Fenced support yard for warehousing and storage. Prices includes $200,000 in-store parts/product inventory.

Financial

  • Asking Price: $1,400,000
  • Cash Flow: $290,000
  • Gross Revenue: $1,800,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1989

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:10
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

retirement

Additional Info

The venture was started in 1989, making the business 33 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons people resolve to sell businesses. However, the true reason and the one they tell you might be 2 absolutely different things. As an example, they might say "I have too many various commitments" or "I am retiring". For lots of sellers, these factors are valid. However, for some, these might simply be reasons to try to conceal the reality of altering demographics, increased competitors, current decrease in profits, or a range of other factors. This is why it is very crucial that you not rely absolutely on a seller's word, yet instead, use the seller's response combined with your overall due diligence. This will repaint a more reasonable picture of the business's current circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering things such as supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can imply that profit margins are too thin. Numerous businesses fall under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that should be satisfied or may lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do businesses in the area draw in brand-new clients? Most times, companies have repeat consumers, which develop the core of their daily earnings. Specific factors such as new competitors sprouting up around the area, roadway building and construction, and also employee turnover can impact repeat consumers and adversely impact future incomes. One crucial thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the better the opportunity to construct a returning consumer base. A last thought is the general location demographics. Is the business placed in a densely inhabited city, or is it situated on the outskirts of town? Exactly how might the local typical house income effect future revenue potential?