Outdoor Power Equipment Sales and Service. Profitable and Growing
For Sale in IA
Financial & Assets Details
About the Business
Profitable and growing outdoor power equipment and parts and service company. Sales have grown from $500,000 to almost $800,000 in past few years. Business started in 2010 and has grown steadily since then and is positioned for future growth with great location and beautiful 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.
Growth & Expansion
Outdoor power equipment is a growing industry due to more and more customers preferring larger mowers and snowblowers and service to maintain them.
$98,100 down/$10,900 for 24 mos. @ 6%.
This is the only outdoor power equipment retail/parts/service business within a12 mile radius. Typical competition from Wal-mart on retail side and mom and pop competition on the service side.
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. If Buyer chooses to lease real estate, Lease is only $1750/mo. $1750 x 12 mo = $21,000/yr was added to tax return totals as shown below.
Support & Training
Will train for 2 weeks @ $0 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.
Reason for Selling: