Lawn and Garden Equipment Sales/Service with Real Estate Available
Automotive & Boat Businesses for Sale
- Primary Category: Equipment Rental & Dealers for Sale
Established commercial and homeowner lawn equipment sales and repair business with reputation for quality and service since 1989, is on the market and is approved for SBA financing. The Company sells and services top quality professional grade mowers and handheld equipment including Sthil, Toro, X-Mark and Echo. Additional products include generators. climbing gear, gardening tools and supplies. The Company has started selling and repairing battery powered equipment.
The business is located on a major industrial boulevard with great visibility and plenty of parking in one of the fastest growing cities in Riverside County. They serve residential and commercial landscape contractors, a number of governmental agencies and homeowners in Riverside and San Diego Counties. They average over 100 invoices a day including 20 repairs. The average repair ticket is $120.
The owner actively manages the business each day with the help of the Store Manager who schedules the staff and does some product ordering. All current employees are expected to stay.
Financial Information
- $549,500 Asking Price
- $284,322 Cash Flow
- $2,198,000 Gross Revenue
- On request Down Payment
- Yes Financing
Business Location
- City: Riverside County
- State: California
Financing Comments
- The seller is very motivated and will provide seller financing to the right buyer.
Reason for Sale
- Retirement
Detailed information
- Year Established: 1989
- Home Based: No
- Franchise: No
- Relocatable: No
- Lender Prequalified: No
- SBA Prequalified: No
- Full-Time Employees: 7
- Part-Time Employees: 2
- Contractors: N/A
- Owner Worked Hours/w: N/A
- Adjusted EBITDA: On request
- Inventory Included: No
- Inventory Value: $200,000
- Monthly Rent: $4,000
- Real Estate Available: Yes
- Real Estate Included: No
- Real Estate Value: $750,000
- Building Size: 2517
- FF&E Included?: Yes
- FF&E Value: On request
Training/Support
- The owner will provide transition training,
Facilities
- The facility consists of a 2,517-sf building on 22,215-sf /.51-acre of land. The seller owns the real estate and is open to a sale at the fair-market-value (preferred) or a long-term lease at $,000 per month. The seller owns the adjoining real estate which is 30,056-sf//.69-acre vacant lot and is open to a lease or sale of that real estate also. That lot could be a good investment as the area is in a growth mode on a main boulevard of a growing industrial area. Price Includes: All furniture, fixtures and equipment of the business are included. Additive to the asking price is $200,000 of inventory which is half the cost.
Market Outlook/Competition
- Upside potential includes adding other related products and services, working with a financial source to provide financing for buyers and the buyer buying the adjacent 30,056-sf /.69-acre lot and utilizing it to create another business, such as for the sales of irrigation materials or for the rental of heavy equipment.
Business Listed by
Joe Atchison
Sunbelt of Riverside CountyContact Business Broker
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