Business For Sale

Business Overview:

Established in 1994, this business has grown from a mom-and-pop operation to statewide recognition as a premium sales and service provider. Serving professional landscape maintenance contractors and homeowners in need of quality lawn and garden equipment, this business has a loyal base of customers and plenty of repeat business. In addition to sales, this business is an authorized factory warranty service center for premium lawn and garden equipment brands including Grasshopper, Hustler, Simplicity, Echo and Shindaiwa. The business also offers service and parts for other major equipment lines. From lawn mowers and trimmers, to chain saws, edgers and blowers, this business attracts sales and service customers from within a 65-mile radius. According to the owner, this business has Baxter County “locked up,” with customers coming from all over northern Arkansas and southern Missouri. It is widely recognized as the most experienced dealership of its kind in the area and has consistently won “star dealer” and other high-level designations from the manufacturers that it represents. One of the main differentiators of this business is its use of modern equipment in its service and repair business. It is the only shop in the area that uses tractor hoists, lawn mower hoists, trimmer stands, chain hoists and forklifts. As a result, it is able to get repairs done quickly. This shop can do over three times as many jobs in a day as its competitors. The business keeps plenty of inventory on-hand for immediate delivery using computer systems for tracking and pricing and also sells used equipment. The business has excellent word-of-mouth marketing from its established reputation in the community. It also has an excellent website with videos featuring fun and informative product demonstrations. Customer segments for this business are divided almost evenly, with 60 percent of sales and service revenue coming from homeowners and the remaining 40 percent from commercial and government agencies throughout the state and county.

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Property Features and Assets:

The business operations are located in approximately 5,250 square feet. The premises are located in a high-traffic area surrounded by a Walmart Supercenter, Lowe’s and Home Depot -- from which it pulls an enormous amount of service work. There is ingress and egress from two streets to the business facilities, which sit just 500 feet off of the main four-lane highway going through town. All equipment is stored inside (none outside). The building also has an alarm system. [Chris Taylor is a licensee with Arkansas Referral Associates (#SA00064305). This listing advertisement does not include the sale of any real property assets. Mr. Taylor does not profit from any real estate transaction outside of his capacity as a licensee with Arkansas Referral Associates.]

Market Competition and Expansion:

Competition: Due to the fact that this business can complete repairs in one to two days, it has virtually no competition for commercial customers. There are several one-man repair shops in the area. However, the seller does not consider them to be competitors. Three other repair shops exist in the area. While there are about a dozen stores that sell equipment in the area, less than half of them service the products that they sell. Growth/Expansion: There is still room in this business for sales of additional equipment lines. There is also unlimited opportunity to expand the service side of the business. The five big-box retailers in the area do not offer parts or service for the equipment they sell. According to the seller, a new owner could hire two more full-time employees to handle warranty service work coming from home deportment, Lowe’s, Walmart and Orscheln Farm and Home.

Reason for Selling:

Health

Additional Details: