Power Equipment Sales For Sale

Business description

Founded in 1981 with current ownership since 1989, this licensed power equipment retail business’ primary business activity is selling Stihl power equipment (60% of revenue). In addition, the retail sales of Exmark lawn mowers, sport-utility equipment and parts sales account for 30% or revenue. The company also offers equipment repair labor, amounting to 10% of business sales. The current owner is an authorized dealer of the Stihl, Exmark, Honda, Kohler, Kawasaki brands to name just a few. The customer base is very large and varied with an estimated 10,000 regular customers and 90% or revenue is from repeat business. This is largely due to the high-quality service and products provided. This business is versatile in that it could be run in either a “hands-on” manner or absentee.

Property information

Premises details:

The building and land is owned and included in the sale of the business and consists of one single-story building with a total sq. ft. of 12,500 situated on approximately 11/4 acres. Addition features include an outside fenced storage area and a 24x36 outdoor display area and security system. The building is in good overall condition and could be expanded at its current site, if desired by a new owner. The establishment is located off of a six lane state hwy. and therefore is in a high traffic area with very good visibility.

Other information

Expansion potential:

Growth and expansion could be obtained by increasing the advertising in the area.

Competition / Market:

There is some competition in the area.

Support & training:

The current owner has agreed to stay on through a reasonable transition period in order to acclimate the new owner to the business, employees and clientele.

Reasons for selling:

The current owner is ready to slow down and devote more time to family after many successful years owning this business.

Furniture / Fixtures value:

$50,000 (included in the asking price)

Inventory / Stock value:

$523,000