Outdoor Equipment Repair Shop with Flexible Seller! (17728)
ServiceFor Sale in FL
Financial & Assets Details
About the Business
Situated in the greater Orlando area, this retailer specializes in outdoor power equipment OEM and service parts coupled with repair and maintenance of commercial and residential ride-on, walk, and handheld power tools. With a quad-county radius, they are an authorized product dealer for many quality brands including Echo, Briggs, Kohler, Kawasaki, and Honda. Loyal customers return for oil changes, scheduled maintenance, tires, filters, belts, blades and thousands of other parts and services offered. Since 1987, the primary focus has been providing commercial turf companies with parts and repairs to keep their fleet going in the best outdoor power equipment. This listing presents numerous growth opportunities by adding equipment lines and new hires along with ancillary industry products such as apparel, climbing equipment and related products. The seller is willing to negotiate financing at 25% and is flexible to a two-year transition to help the new owner, making this a great opportunity for a first-time business owner or a chain looking to expand. Assisted by a skilled team of 4 nonunion employees with a full range of industry experience willing to remain post-purchase, business is streamlined for new ownership. The prime retailing facility measures just under 5,000 sq. ft. featuring shop space bays for repairs and showcasing a store front complete with ample parking. Located with high visibility, the property is commercially zoned with a newly signed 3 year agreement. Apart from great online SEO and a website, social media and print ads are an important part of self-promotion. High quality work has led to a strong reputation and verbal referral sources from their recurring customer base. Benefitted by a 15,000 client distribution list and stable growth trend over the past 12 years, total revenues for 2020 reached amounts of $575,664 alongside seller discretionary earnings of $105,841, as an essential business during the pandemic.
Negotiable up to 20% for the right buyer.
Support & Training
Smooth Owner Transition period of one to two years.
Reason for Selling:
Approaching retirement and/or pursuing other interests.