Business For Sale

Lucrative Outdoor Power Equip Sales & Service

Not Disclosed, NC
Wake County

Neuse


Asking Price: Annual Revenue:
$1,165,000 $4,144,961

Services: Landscaping & Lawn Care


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RE: Lucrative Outdoor Power Equip Sales & Service Broker: Jeff Snell
Owner Financing is Available!
Seller will participate in SBA mandated owner carry if required. Note that it is not anticipated that Seller will be required to finance any portion of the sale.

Quick Facts

Asking Price: $1,165,000
Annual Revenue: $4,144,961
Net Profit: Not Disclosed
Cash Flow: $347,690
Total Debt: Not Disclosed
FF&E: $121,642
Real Estate: Not Disclosed
Year Established: 1970
Employees: 9
BBN Listing #: 9666351
Broker Reference #: EQUIP2

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Business Overview:

ENLIGN is proud to represent this established and profitable service and sales center for name brand outdoor power equipment. Serving both residential, commercial and municipal accounts this business has built a reputation of quality with loyal customers. The business maintains a depth of inventory for sales and service needs including commercial mowers, residential mowers, trimmers, hand tools, edgers, chain saws, blowers, hedge trimmers and brush cutters from several top name brand manufacturers.
$250,000 of inventory (parts and saleable product) will be included in the purchase price. Note that due to seasonal purchasing that there is currently almost $400,000 in owned inventory and an additional ~$450,000 of inventory on consignment or floor plan accounts. Buyer will need to apply and be qualified to establish new flooring credit facilities for this portion of inventory.

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Property Features and Assets:

Type of Location: Stand Alone Real Estate for Sale: Yes Real Estate: $750,000 Monthly Rent: $4,000 Square Footage: 5000 Facilities: The business operates from a building that is also available for purchase but not included in the sale of the business. It has adequate retail/service and parking and has been well maintained. It is located conveniently with easy access for customers. Ample signage is also in place and highly visible.

Market Competition and Expansion:

Competition: Competition in this industry locally is rather limited with most competition choosing to focus more exclusively on residential or commercial or municipal. In general, most manufacturers do not distribute their high end or commercial products to big box retailers (I.E. Lowe's and Home Depot). Potential Growth: A hands on owner operator could increase sales and revenue by focusing on internet marketing (social media, pay per click, etc.). Additionally, online parts sales could be expanded and new brand lines could be added as they become available in this market. Buyer could add a small tractor line and staff outside sales position as well. Equipment rental is an entire revenue center that could be implemented.

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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