Description of the business for sale
Established for 27 years in the same location, this business enjoys a supurb reputation in the local marketplace. Approximately 60% of its customers are commercial and 40% residential. Authorized dealer for sales, parts and service for top brands of Honda, Toro, Echo, Shindiawa, Tanaka, Billy Goat, Tru-Cut and Patriot. Additionally, authorized parts and service dealer for Kohler, Kawasaki, Rotary and Tecemuseh products. There are two partners who own the business. One partner, who is one of the two original founding partners, is at retirement age and ready to sell his portion. The other partner who purchased his portion of the business 11 years ago from the other founding partner, is younger and not ready to sell for a few more years. However, he is agreeable to offer a new partner a formal first right of refusal on his portion when he is ready to sell. Therefore, this offering is for only the 49% portion of the business owned by the retiring partner, but all financial information reflects the total business. There are a total of 8 employees including the two owners who equally share the day-to-day management responsibilities of the business. (Note: Inventory included below is owned and being transferred with this sale, additionally there is approximately $100,000 of floor planned inventory to be assumed by the buyer)
Description of the facilities
Furniture, fixtures, and equipment = 22375
Furniture, fixtures, and equipment included: Y