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Listing ID: 1623373

Est. Outdoor Equipment S&S Dealership with Real Estate For Sale

Benton, Iowa, United States

BUSINESS SOLD

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: $ 240,614

Cash Flow: $ 33,890

Business Description

Looking for a profitable business to own and manage? Why not a very successful, outdoor equipment sales and repair shop. Owning the majority of the market share in the surrounding area this business has created a loyal customer base. Authorized dealers for 3 major brands of equipment and authorized for warranty work and repair on 10 or more other popular brands. They specialize in mowers, chain saws, snow blowers, generators, and virtually anything with a small engine.

They also provide hard to get parts either from their extensive inventory or special order. This business has great upside potential and has the capacity to take on much more repair business and greatly increase new equipment sales. A perfect fit for either a manager that wants to run a profitable business or a talented mechanic looking for their own shop. The seller can provide confirmation that a lender has pre-screened the business for a well qualified buyer.

Property Details

Years Established:

11

Property Type:

Real

FF&E:

$ 23,000

Inventory Value:

$ 132,000

Real Estate Value:

$ 85,000

Other Details

Premise Details:

3,600 sq.ft. Building with a shop area, retail space, plenty of storage for inventory and a separate office area. There is a nice outdoor overhang for displaying equipment for sale. The lot is 138x124 and has a large gravel area for parking and maneuvering trailers. Built in 1993, the building is ready for business.

Competition:

There is very little competition in the area.

Expansion Potential:

The shop has the capacity for more mechanics and more repair work. There is also a real potential for increase in new product sales.

Operation Details

Employees:

1 FT/1 PT.

Trading Hours:

Mon-Fri 8am-5:30pm; Sat 8am-1pm.

Support & Training:

Will train for 4 weeks @ no cost. The owner may have to get certified with vendors.

Relocatable:

Business Relocatable

Miscellaneous

Financing Available:

Yes
$145,000 Down/ $20,000 for 84 mos. @ 7%. Seller will consider some financing.

Reason For Selling:

Retirement.