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Quick Facts
Asking Price: | $1,650,000 | |
Annual Revenue: | $4,000,000 | |
Net Profit: | $400 | |
Cash Flow: | $400,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 50,000 | |
Real Estate: | $900,000 | |
Year Established: | 2002 | |
Employees: | 9 | |
BBN Listing #: | 434830182 | |
Broker Reference #: | 031120211 |
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Business Overview:
Outdoor equipment dealership with real estate. Estimated value of the real estate is in the $850,000 to $1,000,000 range. Established in 2002 they are well known and respected in the industry. Revenue continues to grow. In 2018 sales were $2.8M, 2019 $3.4M and 2020 sales came in at $3.9M. The estimated seller's discretionary earnings for 2019 was about $200,000 and in 2020 it was closer to $330,000. This year 2021 is expected to end at another record level. They service both the residential and commercial markets and well as state contracts. We are asking $1,650,000 which includes inventory, mostly parts, real estate and the business.
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Property Features and Assets:
Outdoor equipment dealership with real estate. Estimated value of the real estate is in the $850,000 to $1,000,000 range. Established in 2002 they are well known and respected in the industry. Revenue continues to grow. In 2018 sales were $2.8M, 2019 $3.4M and 2020 sales came in at $3.9M. The estimated seller's discretionary earnings for 2019 was about $200,000 and in 2020 it was closer to $330,000. This year 2021 is expected to end at another record level. They service both the residential and commercial markets and well as state contracts. We are asking $1,650,000 which includes inventory, mostly parts, real estate and the business.
Market Competition and Expansion:
Outdoor equipment dealership with real estate. Estimated value of the real estate is in the $850,000 to $1,000,000 range. Established in 2002 they are well known and respected in the industry. Revenue continues to grow. In 2018 sales were $2.8M, 2019 $3.4M and 2020 sales came in at $3.9M. The estimated seller's discretionary earnings for 2019 was about $200,000 and in 2020 it was closer to $330,000. This year 2021 is expected to end at another record level. They service both the residential and commercial markets and well as state contracts. We are asking $1,650,000 which includes inventory, mostly parts, real estate and the business.
Reason for Selling:
Retirement
Additional Details:
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