Summary
- Asking price:
-
$1m-5m
- Sales revenue:
- $5,239,670
- Net profit:
- $431,174
- Years established:
- 7 years
- Employees:
- 13
Business description
The company consists of two locations located in the southwest. It functions as a dealer for the most popular tractor manufacturer for tractors under 20 horsepower, plus several additional manufacturers that allows the company to maintain a strong market share within its service area. The company has a long tradition of quality sales and service.
Property information
- Real Estate:
- Lease
- Lease terms:
- First store located on approximately 1 acre, with 6,000 square foot building and additional 3,000 square foot canopy - $4,000/mo
Second store located on approximately 1 acre with 7,000 square foot building - $5,000/mo
Owner will sell stores or provide option to buy with lease.
- Location:
- Both stores have prime locations to serve its customer base.
Other information
- Expansion potential:
- The market area is in a growing population area and has a good growth potential.
- Competition / Market:
- While there are other dealers in the area, the two stores maintain good market share, with the first store having a 57.1% market share of tractors under 20 horsepower within a nine county area, and the second store 81.8% of the market share within a two county service area for tractors under 20 horsepower.
- Support & training:
- The seller is willing to provide necessary training and experience to the buyer to insure a smooth transition.
- Reasons for selling:
- Owner wants to retire.
- Furniture / Fixtures value:
- $333,200
- Inventory / Stock value:
- $250,000