MergerPlace

Power Equipment Distributor/Retailer

New York (Dutchess)


  • Asking Price: $799,000
  • Gross Income: $2,355,330
  • Cash Flow: $249,891
  • Real Estate: Not Disclosed
  • Inventory: $125,000
  • FF&E: $60,117
  • 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. Over 10 of the leading dealer agreements in place. 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! It's grown every year!


Business Details

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

Company Information

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

Financial Information

Asking Price: $799,000
Gross Revenue: $2,355,330
Cash Flow: $249,891
FF&E: $60,117
Inventory: $125,000
Seller Financing Available: No

Property Information

Facilities:

The real estate is also available for sale for $750,000. 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 leaseable space with a main retail store, service center and warehouse. Well maintained with ample parking 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. The Dutchess county area is booming so lots of new customers coming in!

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. This is a turnkey opportunity for a new owner. You can 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 @ no cost. This business is the main provider of retail sales and service when it comes to lawn and power equipment for a 35 mile territory. They are a certified reseller for the top major manufacturers of this equipment. The staff is extremely knowledgeable and technicians are factory trained. Will train the owner during a transition period!

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Business Listed By:

Daz Connell

Murphy Business Brokers