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