Asking Price: $118,300

Gross Revenue: $562,500

Cash Flow: $38,500

Inventory: $139,000 (Included in Asking Price)

FF&E: $29,000 (Included in Asking Price)

Seller Financing: SBA funding is available. However, with 50% down, the owner will carry the balance of the purchase price, fully amortized, with no pre-payment penalty.

A landmark business, founded and operated for over 40 years by the same owner is available due to retirement. A extensive, historic, client base insures continued success and little risk to a prospective Buyer. A true turn-key operation with the current owner on-site approximately 2 hours daily or 10 hours per week. A rare opportunity for the conservative business Buyer. The business premises consists of approximately 12,000 square feet of floorspace with display area for both new and rental equipment with a holding area for completed repairs. Administrative offices, service area, and extensive parts center complete the layout of the establishment. Direct curb frontage and adjacent parking area offer customers convenient access to the shop. The business is not a franchise and has been independently operated by the same owner for over 40 years. The Business is open Monday-Friday from 8:00 a.m. until 5:00 p.m. The primary focus of the business is the sales and service of lawn and garden equipment including, but not limited, to mowers; edgers; rototillers; thatchers; and snow blowers. The business maintains a consistent seasonal sales and service base with summer lawn and garden demand and winter snow blower sales and service. The owner has relied on return business over the years and a targeted advertising and marketing plan would considerably increase revenues. SBA funding is available. However, with 50% down, the owner will carry the balance of the purchase price, fully amortized, with no pre-payment penalty. The owner and founder of the business has run the very successful company for over 40 years and is retiring due to age and health.

Year Established: 1968

Employees: 3 full time - 1 part time

Facilities: The business premises consists of approximately 12,000 square feet of floorspace with display area for both new and rental equipment with a holding area for completed repairs. Administrative offices, service area, and extensive parts center complete the layout of the establishment. Direct curb frontage and adjacent parking area offer customers convenient access to the shop.

Market Outlook and Competition: The primary focus of the business is the sales and service of lawn and garden equipment including, but not limited, to mowers; edgers; rototillers; thatchers; and snow blowers. The business maintains a consistent seasonal sales and service base with summer lawn and garden demand and winter snow blower sales and service. The owner has relied on return business over the years and a targeted advertising and marketing plan would considerably increase revenues.

Management Training and Support: Owner will provide orientation and training included in the purchase price.

Reason For Selling: The owner and founder of the business has run the very successful company for over 40 years and is retiring due to age and health.