NOT DISCLOSED, California
| Asking Price |
$349,500 |
Year Established |
1989 |
|
| Annual Revenue |
$1,824,000 |
Reason for Selling |
Retirement |
|
| Annual P/L |
|
Attention |
D. Joe Atchison |
|
| Annual Cash Flow |
$217,237 |
Listing Number |
982188 |
|
| # of Employees |
6 |
Business Category |
Automotive & Boats: Auto Retail - Auto Parts |
|
Business Overview:
Established commercial and homeowner lawn equipment sales and repair business with a reputation for quality and service since 1989, is on the market, and is approved for SBA financing. The Company sells and services top-quality professional-grade mowers and handheld equipment, including STIHL, Toro, X-Mark, and Echo. Additional products include generators. climbing gear, gardening tools, and supplies. The Company has started selling and repairing battery-powered equipment.
The business is located on a major industrial boulevard with excellent visibility and ample parking in the second fastest growing city in Riverside County. They serve residential and commercial landscape contractors, several schools, and government agencies, as well as homeowners. Revenue mix is approximately 55% Lawn Equipment, 25% parts, and 20% repairs. They average over 100 invoices a day, including 20 repairs.
The owner actively manages the business most days with the help of the Store Manager, who schedules the staff and does some product ordering. The business operates six days a week.
Property Features and Assets:
The facility consists of a 2,517-sf building on 22,215-sf /.51-acre of land. The seller owns the real estate and is open to a sale at fair market value (preferred) or a long-term lease at $4,100 per month.
The seller owns the adjoining real estate, a 30,056-sf/0.69-acre vacant lot, and is open to a lease or sale of that property as well. That lot could be a good investment as the industrial area is in a growth mode.
Market Competition and Expansion:
Upside potential includes adding other related products and services. The buyer could utilize the adjacent 30,056-sf /0.69-acre lot as an investment or to create another business, such as selling irrigation materials or equipment rental.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity