Successful Power Equipment Sales and Service Company

Reno, Nevada

Ad ID: 1482862
Type: Established business
Category: Retail – Miscellaneous Retail

Asking: $710,000
Included in the Asking Price:
Furniture, Fixtures & Equipment: $50,000
Inventory: $150,000

Gross: $1,510,122
Cash Flow: $230,681

Summary Description
This profitable business is a huge name-brand leader in outdoor power equipment. They’ve been a mainstay in the community for over a decade and are a great example of a local, community dealer that’s doing very well competing against the big box stores that offer comparable products. Large inventory of lawn care products, snow removal products, chain saws, and more. Solid return customer base through the sales of parts, and service. This company has maintained solid, long-term relationships with landscape contractors, home owners, and several construction businesses. There is a huge opportunity to grow the business through expanding relationships with the booming construction industry. Pride of ownership shows in every aspect of this company. They have an outstanding reputation for professionalism and quality and offer personalized support that always goes above and beyond expectations. One of the greatest benefits of owning this company is its long history of repeat customers. Landscape contractors make up 70% of the repeat business, and home owners another 21%. Over 40% of customers have charge accounts, including government agencies. This diversity of clients ensures there’s little threat to the business if a particular client is lost. An experienced manager has been in place for two years and technicians are factory trained and planning to stay. Additionally, the Owner is willing to stay an extended period of time to ensure a smooth transition. Over $100,000 of Inventory is included in the sale. This business is absolutely turnkey. A motivated Buyer could easily capitalize on growth opportunities and expand the company rapidly, or simply step in and immediately enjoy continued growth and profitability running the company as-is. Financing via a Small Business Administration acquisition Loan (SBA 7a Loan) for as little as 15% down of the acquisition price is possible.

General Information
Year Established: 1995
Employees: 7
Facilities: A 5000 sf building on half an acre of land. High visibility and easy to access. Familiar to everyone in the area.

Market Outlook
Competition: No other power equipment dealer in Northern Nevada offers the same level of professionalism and quality of services. They have a huge repeat customer base, including landscape contractors, home owners, and several construction companies. They outperform the box stores by providing both sales and service on any power tool, machine, or part that they sell.

Growth and Expansion: Rapid growth could be achieved by hiring a salesman to reach out to the many new companies moving to Northern Nevada. Northern Nevada’s economy is undergoing unprecedented growth and this company’s business is already booming. Opening a second, or even third, store in Carson, Tahoe, or Sparks would be very profitable. Additionally, adding rentals to the business would add accounts, as would selling on-line through Amazon and E-bay.

About the Sale
Financing: Will carry with an SBA Loan
Support/Training: 6 weeks or as needed for the success of the business.
Reason Selling: Other business interests

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