This very profitable lawn equipment service and sales business has been operating for 20+ years. It provides and services the very finest brand mowers and hand held equipment in the industry. Customer base is almost exclusively comprised of commercial customers, which provides a great opportunity for a new owner to pursue homeowners. The Seller does no advertising and relies upon word of mouth referrals and a very loyal repeat customer base – another growth opportunity for a buyer. Buyer must qualify to assume floor plan inventory that typically runs between $150,000 and $200,000. Business includes approximately $100,000 of inventory. Seller just recently introduced a very successful product line, and also invested in a new computer system, which has contributed to a boom in sales.
Business is SBA Lender Pre-Qualified with the following approximate terms: $88,300 down (16%) / $480,000 SBA Loan / 8% / 10 years - annual debt service = +/- $70,000. In addition, the Owner will consider Seller Financing for well qualified Buyers with the following approximate terms: $400,000 down / 6.5% / 5-year term – annual debt service = +/- $35,220. Seller note will include a balloon payment due for the remainder of the note balance at the end of the third year.
Don’t miss out on this outstanding opportunity. Interested in learning more? For a complete presentation please contact Tim Bellon at 813-326-7252.
Important Notice: This is an operating business being offered for sale confidentially. Interested parties must complete and return a Non-Disclosure Agreement, and a Buyer’s Profile. Once pre-screened with those documents, prospective buyers will be provided more detailed information pertaining to the business.
Two weeks at no cost