Power Equipment Service Company- well established

Asking Price$100,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$204,000

Inventory$30,000
Included in asking price
FF&E$10,000
Included in asking price
2 heavy duty lift tables
Dog not included
A small example of our in stock parts
2 heavy duty lift tables
Dog not included
Save1/5

Power Equipment Service Company- well established


Asking Price$100,000

Cash Flow
$100,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$204,000

Inventory$30,000
Included in asking price
FF&E$10,000
Included in asking price

Seller Financing Available
Business Description
Roy's Power Equipment Service has been around since about 2007 when I was working out of my garage. On Jan. of 2000 I moved into this 1400 square foot shop with heat and internet. You cannot get a better landlord and extending the lease has not been a problem. I have a Facebook page under that name. Unfortunately someone hi-jacked it many years ago so I can't post to it anymore and Facebook has been no help in getting it back but you can still refer people to it. I started out buying and selling used power equipment then when people found out I can fix the stuff they called for service to the point that I am pretty much 99.9% service. I will occasionally sell a used machine but not until we totally serviced it and I then warranty it. We don't deal with junk and everyone knows that. I have a top notch mechanic on staff as well as a pick up/delivery person who works as needed. The potential exists to increase service to ATVs and other types of equipment as we get occasional calls for that and I don't believe there is anyone around who does that. We have a 14 foot aluminum trailer with a fold down ramp for that. We provide seasonal service/tune ups in addition to repairs on lawn mowers, tractors, snowblowers, generators and other power equipment including 2 stroke items. The potential is there to branch out into ATV's as we have done some of them in addition to golf carts and other different things that may come up. I am currently an authorized service provider for Westinghouse, Champion and Firman generators. I have accounts with national OEM parts providers so get my parts at dealer cost for most items and still get discounted prices for other things such as Deere. (Deere is very protective of their prices). I have two large pneumatic lift tables that are made for large pieces of power equipment and also ATV's. The shop is fully stocked with tens of thousands of dollars worth of parts, equipment, hardware, tools including mostly Milwaukee battery powered products. I don't have an accurate count of my loyal customer base but my list of contacts is at 3564 and the great majority of those are customers. This is a true turn key operation where you can net over $100K annually. Our mottos is that we provide expert and honest service at a fair price. This is currently the start of "prime time" when the mowers, tractors, weed wackers, etc come in and the money will follow.
About the Business
Years in Operation
18
Number of Employees
3
Currently Home Based
Yes
Facilities & Assets
The shop is a 1400 square foot shop with a high ceiling and large overhead door. Included are 2 heavy duty pneumatic lift tables made for large pieces of power equipment, ATV's, etc. Also a 14 foot aluminum trailer with fold down tail gate. We have a large DeWalt air compressor.
Market Outlook / Competition
We are a well known service provider with a large loyal customer base. In our area there are other shop based service providers who are several miles away and are know to have higher prices. In addition to our loyal customer base we regularly get more customers by word of mouth..
Opportunities for Growth
Our shop is 1400 square feet with an adjoining 1400 SF shop that could possible be moved into. We have in the past worked on ATVs, go carts, golf carts and some other different machines when asked but do not advertise that we service them. I don't believe there are any service providers in the area who work on those items and I think they could be included with the items we regularly service although it would require another mechanic.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,400
Rent
$1,700.00 per month
Lease Expiration
12/31/2025
About the Sale
Seller Motivation
I am at retirement age and would like to enjoy my twilight years. .
Transition Support
I will show you how to put the key into the door and open it.
Listing Info
ID
2350626
Listing Views
1441

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Business Listed by: Roy Minnehan

Listing ID: 2350626 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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