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  • RE:  25 Year Garden Equipment Repair / Maintenance Co.
  • Contact:  Dan Long

Quick Facts

Asking Price: $479,000
Annual Revenue: $577,000
Net Profit: Not Disclosed
Cash Flow: $206,000
Total Debt: Not Disclosed
FF&E: 95,000
Real Estate: Not Disclosed
Year Established: 1998
Employees: 7
BBN Listing #: 510116072
Broker Reference #: 33623M

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Business Overview:

Sales grew 30% from 2020 – 2021 and 21% from 2021 – 2022 and are on the rise this year. Current owner has shrewdly used customized industry software and management procedures to streamline business operations. Virtually no advertising has been done and the company only services a small segment of Greater Cincinnati.

The company is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan eligible
Equipment included – $95,000
No accounts receivable – all cash
Inventory included – over $18,000
Database of over 11,000 customers
Over 2,600 customers serviced in 2022
Clean books and records – all numbers are verifiable
3,300 square foot facility which includes warehouse and offices

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Property Features and Assets:

This is a 3,344 square foot facility with 2 offices and a large warehouse / service area.

Market Competition and Expansion:

This company is certainly the largest and most unique of its kind in Greater Cincinnati. There are very few competitors in this industry.

Reason for Selling:

Health issues

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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