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Business For Sale
POWER EQUIPMENT SALES AND SERVICE
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Asking Price: |
$1,400,000
USD USA Dollars
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Business for Sale Industry: |
Retail: Sporting
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Reason for Selling:
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Retirement |
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Year Established:
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1988 |
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# of Employees:
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3 |
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Yearly Revenues:
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$842,372 |
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Yearly EBITDA:
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$111,891 |
Business for Sale Overview:
In 1988, the owners started selling and servicing outdoor power equipment as a hobby but quickly found a greater need for the products. They built a store, added a line of work clothes and boots to their offerings and soon found clients coming from as far away as 30 miles to visit their store. The store carries between $115,000 to $140,000 in inventory, offering more products than its small, local competition. The property, which is in an excellent location, would go along with the business sale. The store is on a highly traveled road with two major intersections within a couple miles of it and a shopping center nearby. The building, which was constructed in 1997 and added on to in 2000, is built to current building codes. Also, the owner rents out part of the property to a restaurant and a cell phone tower.
Property Features and Assets:
2 buildings with a total of 7,100 square feet on a state highway.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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