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Lawnmowers - Snowblowers - Chainsaws - Small Engines
Location: United States -> Maine
Industry: Business Services > Other Services




Business Summary

REDUCED PRICE-Located in Central Maine, this well established retail, service lawnmower and power equipment business was established in 1947 and the current ownership started in 1970 and can boast of a client base of thousands of customers. They offer new equipment sales such as lawnmowers, snow blowers, weed whackers, chainsaws, and garden and snow removal equipment along with small engine repair. This established business is an authorized dealer of Toro/Echo.

This profitable business for sale is a 2nd generation family business since 1947 and stays busy without advertising because of its large established customers. Their gross percentages of primary business activities is small engine repair 40% and new equipment sales 60%. Best buyer potential would be someone in the landscape and repair industry and familiar with their product line. This owner operated business could be managed in a ''hands on'' or absentee fashion giving the owner full control over the quality of products and the customer service provided. All equipment and inventory is included in the sale. More details are available upon request.

Asking $399,000.00. 90% repeat clientele. The lot size of this business is a generous 2900 sq. ft. The building itself is 1200 sq. ft. with the shop area being 400 sq. ft. There is a showroom for new equipment, a storage facility for inventory and a repair shop. There is a small 2 bedroom 1 bath home next door included with land to expand on. The property is included in the sale; however lease option may be negotiated.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $415,000
Cash Flow:   $67,500
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $95,000
Seller Financing:  Yes

About The Business

Year Established:  1947
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Staff will stay on after the sale if new owner requires. New owner is available for a reasonable transitioning period.
Reason For Selling:  Other interests.

Photos

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Lawnmowers - Snowblowers - Chainsaws - Small Engines Photo 1




Print Listing Id: 700240621
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Also See: Franchise Opportunities > Franchise Resales > Maine Businesses For Sale > Maine Franchises For Sale > Maine Business Brokers



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