MergerPlace

Distributor/Retailer-Over Millions

New York


  • Asking Price: $950,000
  • Gross Income: $2,052,750
  • Cash Flow: $341,331
  • Real Estate: $750,000
  • Inventory: $125,000
  • FF&E: $50,117
  • Listing ID: #213099
  • Established: 1978
  • Employees: 9 FT / 1 PT

Business Description

The leading power equipment business in the NY region with both a commercial and residential customer base. They are a nationally recognized dealer for the top manufacturers of products in the power and lawn equipment industry. They also service and repair equipment on premises and the staff is all factory trained with all the up-to-date necessary certifications. They are the go to shop for all things power equipment. You don't want to miss this opportunity to own such a well run company that is poised for future growth. Over 4K customers annually!


Business Details

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

Company Information

Year Established: 1978
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 9 FT / 1 PT

Financial Information

Asking Price: $950,000
Gross Revenue: $2,052,750
Cash Flow: $341,331
FF&E: $50,117
Inventory: $125,000
Real Estate: $750,000
Seller Financing Available: No

Property Information

Facilities:

The real estate is also available for sale. The location is a prime space near the town center with over 11,000 cars driving past the store's front door each day. The property consists of 9,000 square feet of leasable space with a main retail store, service center, and warehouse. Well maintained and many improvements in recent years to the building.

Growth & expansion opportunities:

The US lawn and power equipment industry is nearly $9 billion and is expected to grow over the next few years. New types of power equipment will be phased in during that time and the opportunities for additional sales growth will be fueled by this new line of equipment.

Competition:

After over 40 years of success, this business continues to grow and is the leader in its territory. They have built up a strong network of customers, suppliers and manufacturer relationships so competition is minimal for their territory.

Reason for selling:

The owners are ready to retire after over 40 successful years in business. A new owner is going to take over an already successful business with an impeccable reputation and a large, repeat customer base. A very experienced staff will make the transition easier for a new owner to take this business to new heights. The owners will work with the new owner as well to ensure that all the knowledge of the industry, operations and processes have been transferred to allow the new owner to succeed. A great business with steady, consistent growth.

Support & Training:

Will train for 2 weeks @ $0 cost.

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Business Listed By:

Daz Connell

Murphy Business Brokers