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Lawn & Garden Power Equipment
Southern Orange County |
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This outdoor power equipment company is a huge money-maker. It is a well-established business with a reputation for providing the highest quality products and service. It has virtually no significant local competition. The Company is a leading retailer of high quality power equipment for gardening/landscaping, as well as snow blowers. It also has a service department offering parts, repairs and maintenance services. The Company has been in business for over 50 years during which time it has evolved and changed its emphasis from offering farm supplies to power equipment. All products are professionally displayed and the Company's professional sales staff is service oriented, taking the time to thoroughly explain products to customers and to understand their needs. Importantly, its prices are very competitive with other retailers of higher quality, comparable equipment. The business is well known for maintaining the best parts and service department in the tri-state area. The business has been highly successful due to **Outstanding Product Knowledge **A high level of expertise and advice to customers **Constant striving for total customer satisfaction **Sizable product selection providing the right machine for the right job **An outstanding reputation for honesty and ability **The advantage of long-term relationships with vendors **Outstanding credit that encourages special treatment by vendors. The Company sells to homeowners as well as professional landscapers, commercial gardeners, groundskeepers, municipalities, hospitals, schools, and government agencies. The business is fully computerized. |
Listing Number: 43
Alan Callaghan - Listing Broker
4456-A Old Shell Road, Mobile, AL 36608
Telephone - (251) 367-7873
E-mail -
acallaghan@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Blding Mat., Hardware, Garden |
| Asking Price |
$540,000 |
| Gross Sales |
$1,037,365 |
| Cash Flow |
$140,000 |
| FFE |
$150,000 |
| Inventory |
$250,000 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
4 - Full-Time
1 - Part-Time |
| Facilities |
Approximately 20,000 square feet with an ample parking lot.
Building is owned by Seller and is also available for sale if desired. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
There is virtually no significant local competition. Product selection is only in the higher quality and higher priced range, unlike the mass volume retailers such as Home Depot and Lowes. Importantly, its prices are very competitive with other retailers of higher quality, comparable equipment. |
| Growth Notes |
In addition to in-house sales efforts, the Company attracts business via advertising in newspapers, the Yellow Pages and direct mail. An acquirer could successfully expand this marketing effort by including local radio and cable television. The owners also are confident that another target market that could significant add to sales would the active pursuit of commercial landscapers. |
| Support Training |
The owners would be willing to stay on long enough to assist the new owner and ensure a smooth transition.
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| Year Established |
1950 |
| Financing Terms |
Negotiable |
| Reason for Selling |
After 30 years, the owners wish to retire and pursue other interests. |
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