25 Year Garden Equipment Repair / Maintenance - $206,000 Cash Flow - SOLD
Location: CincinnatiListing Number: 33623M
Financial Information
Asking Price: $479,000Gross Revenues: $577,000
Cash Flow: $206,000
Real Estate: Leased
Business Description
Sales grew 30% from 2020 – 2021 and 21% from 2021 – 2022 and are on the rise this year. Current owner has shrewdly used customized industry software and management procedures to streamline business operations. Virtually no advertising has been done and the company only services a small segment of Greater Cincinnati.
The company is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:
SBA loan eligible
Equipment included – $95,000
No accounts receivable – all cash
Inventory included – over $18,000
Database of over 11,000 customers
Over 2,600 customers serviced in 2022
Clean books and records – all numbers are verifiable
3,300 square foot facility which includes warehouse and offices