Power Equipment For Lawn And Garden In Cleveland For Sale

Business description

The business was started by the current owners father in 1948. The son took over the ownership in 1982. There have only been two owners in the last 62 years. They are a part of the community and have a great reputation with the city government, the Park Services, as well as the home owners in the Community, in addition to the surrounding suburbs.
They sell and service lawn and garden equipment.

Property information

Real Estate:

Real Property Included

Lease terms:

Negotiable

Location:

Prime high traffic location in suburb of Cleveland.

Premises details:

The building is available for purchase at an appraised value of $284,000 in addition to the cost of the business.

Size in square feet:

2,500

Business Operation

Expansion potential:

The buyer for this business should have the ability to do small engine repair work or have the management ability to hire the individuals that have the that type of ability. The owner currently does a lot of the work along with his key helper that had training for small engine repair. A sales oriented buyer is essential for this business. A large percentage of the business comes from sales made by the owner to the city governments in the surrounding communities and the park services. Those same buyers are already buying the larger types of equipments. Those buyers already have a good relationship with this company. A company that has been around since 1948. If those buyers are presented with the opportunity to buy all of their equipment needs both in sales and service, from this company, it is a natural extension of the business model.

Competition / Market:

There is no competition within the city limits. Of course all communities have Home Depot and Lowes. Just talk with anyone that goes to those stores. The service is not good and the sales force is not knowledgeable. Yes they exist but they are not competition for for a company that knows the product that they are selling and can give good service as well as service what they are selling. They have customers from all of the surrounding suburbs in addition to the business that they have with the city service departments.

Reasons for selling:

Has heart problems and wants to retire.

Trading hours:

Open Monday thru Friday 8:00 AM to 5:00 PM,
Saturday 9:00 AM to 1:00 PM

Employees:

2

Years established:

1948

Other information

Support & training:

Seller will stay with the buyer for training for one month at no additional cost. After that he can stay on as needed by the buyer at a reasonable hourly rate. he will introduce the buyer to all of the existing clients

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Negotiable

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$25,000

Lease asking price:

$ (Furniture / Fixtures included)