Business For Sale

Power Equipment Sales and Service Business

Not Disclosed, NH

Central NH

Asking Price: Annual Revenue:
$595,000 $2,221,204

Retail: Non-classifiable

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RE: Power Equipment Sales and Service Business Broker: Leon Parker

Quick Facts

Asking Price: $595,000
Annual Revenue: $2,221,204
Net Profit: Not Disclosed
Cash Flow: $213,904
Total Debt: Not Disclosed
FF&E: $75,000
Real Estate: Not Disclosed
Year Established: 1937
Employees: Not Disclosed
BBN Listing #: 6500381
Broker Reference #: 218009

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Business Overview:

Selling higher end, longer lasting equipment and maintaining a knowledgeable staff has been the key to this company’s success. This policy has resulted in very few call-backs and now third and fourth generation customers are still coming back each year for new purchases, preventative maintenance and repairs.

The business sells and services multiple lines of high quality lawn, garden and forestry power equipment for commercial and residential use. The service department services and fully supports what the company sells as well as many product lines that are purchased elsewhere. Sales this past year were $2,221,204 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 30 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 $595,000 and includes: training during the transition of ownership, vendor, supplier and customer lists, good will, $75,000 worth of furniture, fixtures and equipment, plus, the value of the on-hand inventory and supplies. The value of the on-hand inventory and supplies ranges between $170,000 and $200,000. The floor-planned inventory value ranges between $550,000 and $800,000. Both the on-hand inventory and the floor plan value are seasonally adjusted and will depend on at what point in the business cycle the business is transitioned to a new owner.

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Property Features and Assets:

The business is located in an 8,200 square foot building on a main road surrounded by complimentary businesses that also draw the desired customer base. The location is five minutes from the interstate.

Reason for Selling:

To focus on other business interests.

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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