Established Lawn Equipment and Appliance Sales and Repair Business

Business Coach
This business is a lawn and garden equipment repair and sales business. The business also sells and repairs appliances. The business has a long list of large and small clients that they are serving. The business is well known and has an excellent reputation in the market. Located in an owned facility in Upstate SC, the business has been providing a good income to the owners for decades.

Long Established Lawn Equipment and Appliance Sales and Repair Business

The purchaser will benefit from a long established business and loyal customer base. The business has a specialty small engine repairs and sales of used equipment. However, they also repair appliances and sell used appliances. They serve local residents. They provide their customers with a good experience.

Acquiring this business is a way to buy-in to the rapid growth in Upstate South Carolina, which is one of the fastest-growing areas in the United States.

PURCHASE CONSIDERATIONS:

After having operated this business for several years, the owner is selling to relocate.  They are willing to sign a non-compete agreement with the new owner and stay on for a brief time to assist with the transition.

Transferring to the new owner will be:

– All assets of the business.
– The high, intangible value of the company’s strong reputation and goodwill in the market.

This business is an opportunity that can fit the interests of the following buyer:

  1. For a buyer who wants to take a hands-on role, the business has a steady stream of new and repeat customers. A new owner-operator with knowledge of small engine and appliance repairs can add more clients.

The owner has done a great job with branding the business within their market. However, they have done virtually no advertising or marketing. An energetic, hands-on business owner could grow the revenues and profits of the business by focusing more on the area of marketing and sales.

Reference # LERS 201706

Asking Price: $395,000
Gross Income: $250,000
Cash Flow: $50,000
Down Payment: $39,000
RealEstate Value: $375,000
FF&E: $12,000(est)
Inventory: $93,000(est)

Building & Property

Building: 8,750 sq ft
Monthly Rent: $NA
RealEstateAvailable: Included

General Information

Reason for Sale: Owner is relocating
Franchise: No
Support/Training- Negotiable
Hours: Mon-Fri: 8-5, Sat 9-1
Year Established: 1968
Financing_Provided: N/A
Employees: FT: 1 PT: 1

For complete information about this business for sale:

Empire Business Brokers, LLC
Contact: Alan Melton
Email:
Empire Business Brokers, LLC
1361 W. Wade Hampton Blvd, Suite F, PMB #253
Greer, SC 29650
Office 864.241.0606 / Fax 864.751.5121

The information and materials in this listing have been provided by the Client. It is to be used for the purpose of evaluating the company as a potential purchase. While the Client believes that such information is accurate, accuracy is not guaranteed, nor should the information be considered complete.  Statements contained in the presentation which cover matters of opinion, whether or not so identified, are that only and are not representative of fact. No representations or warranties are herein expressed or implied.

For more information, contact us today: 864-241-0606 or click here to email us