Power Equipment Sales & Service Business

Not Disclosed, NH
Merrimack County

Asking Price: Annual Revenue:
$495,000 $2,270,245

Wholesale/Distribution: Durable Goods

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RE: Power Equipment Sales & Service Business Broker: Ed Settion

Quick Facts

Asking Price: $495,000
Annual Revenue: $2,270,245
Net Profit: Not Disclosed
Cash Flow: $217,912
Total Debt: Not Disclosed
FF&E: $82,000
Real Estate: Not Disclosed
Year Established: 1937
Employees: Not Disclosed
BBN Listing #: 6769381
Broker Reference #: 219009

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Business Overview:

PRICE REDUCED! This long-established, profitable business sells multiple lines of high quality lawn, garden and forestry power equipment for commercial and residential use. The organization services and fully supports what they sell and even service most equipment purchased elsewhere. Everyone in the company strives to create and maintain good customer service. Selling higher-end longer lasting equipment and maintaining a knowledgeable staff that can repair what is sold and can teach their customers how to maintain their equipment has been the key to the company’s success. Sales this past year were $2,270,245 with approximately 40% derived from new product sales and approximately 60% derived from service work generating consistent six figure discretionary earnings to the owner every year. The business is located on a heavily traveled road surrounded by complimentary businesses and nearby residential areas. The owner has successfully used many avenues to get and educate his customers. A new owner could bring these efforts to the next level. After 32 years in the industry, the owner is selling to pursue other interests. He very much wishes to have the business thrive and grow to the next level. Toward this end, he will provide full transition assistance during the transfer to the new owner. The business is offered at $495,000 and includes training during the transition of ownership, vendor, supplier and customer lists, good will, $82,000 worth of furniture, fixtures and equipment, the availability of saleable inventory, both floor-planned and on-hand. The floor-planned inventory value ranges between $550,000 and $1,000,000 and the on-hand inventory value, including parts and supplies, ranges between $150,000 and $200,000, depending on the business cycle at the point of transfer to a new owner.

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Reason for Selling:

To pursue other options.

Additional Details:

  • The property is leased.
  • 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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