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Power Lawn & Garden Equipment Sales & Service

Evansville, IN (Vanderburgh County)

Power Lawn & Garden Equipment Sales & Service
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Asking Price: $1,500,000

Cash Flow: N/A

Gross Revenue: $2,600,000

EBITDA: N/A

FF&E: $130,000

Inventory: $150,000*

Real Estate: $1,050,000

Established: 2005

*not included in asking price.

Power Lawn & Garden Equipment Sales & Service

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Business Description

Power Lawn & Garden Equipment Sales & Service

Well established lawn & garden power equipment sales & service business for home, farm & commercial: mowers, brush cutters,trimmers, blowers, snow throwers & generators. There is an attractive show-room and large display area. They offer a wide variety of the top names. They do not consider the "box stores" as direct competition, as they will eventually service or replace what the "box stores" sell. They average about $2.6M in annual revenue.

The business & real estate are offered together at the $1.5M price; or, you can buy the business for $450K and lease the real estate for $7K/mo. NNN.

Most of the power equipment is on "floor-plan." The "floor-plan" will need to be transferred/assumed by new owner. The business price includes: F, F & E at fair market value of $130K (hand tools, benches, vices, etc. in the service department, the shelving, counter, POS); and, the inventory not floor-planned (approx. $150K at cost). Top-notch employees.

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Detailed Information

Location:
Evansville, IN
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
5,628
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very nice show-room and sales counter with large repair shop. The 3-acre lot fronts a major thoroughfare with 40,000 VPD.
Competition:
The big box stores are no competition, as they do not carry the professional grade equipment sold here. This business will eventually repair the equipment sold at the box stores.
Growth & Expansion:
Related products.
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(from currently available funds)
 
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Randall Forster

Business Listed By:
Randall Forster

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