MergerPlace

Essential & Profitable

Iowa


  • Asking Price: $109,000
  • Gross Income: $697,117
  • Cash Flow: $72,879
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $20,000
  • Listing ID: #221115
  • Established: 2010
  • Employees: 3 FT

Business Description

This essential and profitable outdoor power equipment company started from scratch in 2010 and has grown sales to $700,000. It is well positioned in its market with exclusive representation with Walker Mid America. It also has non-exclusive dealership agreements with Echo, Toro, Husqvarna, Kohler, Medart and Green Mountain Grills. Relationships have been built with most local commercial lawn care businesses meaning the stage is set for the next owner to succeed.


Business Details

Primary Business Category: Retail Trade - Building Material, Hardware & Garden
Location: Iowa

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT

Financial Information

Asking Price: $109,000
Gross Revenue: $697,117
Cash Flow: $72,879
FF&E: $20,000
Seller Financing Available: No

Property Information

Facilities:

Prime retail location on a major highway in a beautiful and growing community. Facility is over 3000 sq ft and lot is over 14,000 sq ft with plenty of parking. Owner is flexible on real estate terms. Buyer could purchase real estate for $199,000 or lease for just $1750/month.

Growth & expansion opportunities:

Owner admittedly does very minimal marketing. Buyer could potentially promote more aggressively with social media to become even more profitable. This is a growing industry with customers consistently preferring more powerful and technologically advanced outdoor tools leading to ever increasing service sales.

Competition:

This is the top selling Walker dealer in the upper Midwest. They are the only outdoor power equipment dealer in the area (12 mi radius). There are a couple big box retailers in the area, but none have service repair and they actually refer many of their buyers to this full service business for repairs and warranty work.

Reason for selling:

Health reasons.

Support & Training:

Will train for 2 weeks @ $0 cost. Provides sales, service and repairs to several outdoor power equipment machinery including lawn mowers, snowblowers, leaf blowers, trimmers, chainsaws, small engines and so much more.

Contact Business Seller

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Business Listed By:

Dan Tryon

Murphy Business Brokers