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Listing ID: 1953293

Well Established Outdoor Power Equipment - Parts & Service For Sale

Iowa, United States

$ 338,000

(Furniture / Fixtures included)
(Real Estate Included)

Revenue: $ 572,681

Cash Flow: $ 108,859

Business Description

Prime location for this growing outdoor power equipment and parts and service company. Sales have been over $500K for four straight years and is positioned for future growth with great location and growing community. Business has a dealership agreement and exclusive representation with Walker Mid America and has non-exclusive dealership agreements with Echo, Toro, Husqvarna, MedArt, Kohler and Green Mountain Grills.

Property Details

Years Established:

7

Property Type:

Real

FF&E:

$ 20,000

Inventory Value:

$ 200,000

Real Estate Value:

$ 199,000

Other Details

Premise Details:

Nice facility with over 3000 sq ft building and over 14,000 sq ft lot and plenty of parking and indoor and outdoor retail showroom space on major highway with high visibility in a growing community.

Competition:

This is the only outdoor power equipment retail/parts/service business within a 12 mile radius. Typical competition from Wal-mart on retail side and mom and pop competition on the service side.

Expansion Potential:

Outdoor power equipment is a growing industry due to more and more customers preferring larger mowers and snow blowers and service to maintain them.

Operation Details

Employees:

3 FT/1 PT

Trading Hours:

Mon-Fri 8am-5pm; Sat 8am-12pm

Support & Training:

Will train for 2 weeks @ no cost. Management handles the normal functions of a retailer/parts/service business including managing inventory and service calls. Seller/manager works approximately 30 hours/week on this business. A full time owner/manager could improve upon efficiencies.

Miscellaneous

Financing Available:

Yes
$304,200 Down/ $33,800 for 24 mos. @ 6%. Seller financing for qualified buyers up to 10% of purchase price on business including inventory. Seller is flexible on business terms.

Reason For Selling:

Health reasons.

Contact this seller

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