Category:
NV2523 - Retail
Location:
Nevada - Reno
Business Description:
This profitable business is a huge name-brand leader in outdoor power equipment. They've been a mainstay in the community for two decades 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 homeowners, 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 is in place and technicians are factory trained and planning to stay. Additionally, the Owner is willing to stay for an extended period of time to ensure a smooth transition. $130,000 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. The Business is SBA pre-qualified for a Small Business Administration Loan (SBA 7a Loan). Buyer could purchase with as little as 10% down of the acquisition price. Seller is prepared to finance a portion of the purchase. Locally, the Reno, Sparks, and Carson City area has a small town feel with a big city attitude. The city offers excellent shopping and dining options, robust nightlife offerings, high-performance schools, including a Tier 1 University with over 25,000 students—and is just a half hour from beautiful Lake Tahoe. From a Business perspective, Northern Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #3 Most Business-Friendly Tax Climate.
Financial Data Not Available
# of Employees | Full Time | Part Time |
Non-Owners | 4 | 3 |
Owners | 0 | 0 |
Hours of Operation
Licenses Required:
Monthly Rent Including NNN:
$4,300
Expires:
2022
Option:
No
Size(sq.ft.):
7,980
Type of Organization:
-
Reason for Sale:
Other business pursuits
Training:
6 weeks hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.