Landscaping & Farm Equipment Dealer in Maine
Price: $2,313,000
Location: Maine
Industry: Agriculture
Listing ID: CM8223
With 68 years in business, this turnkey business has been thriving for decades. The sellers are ready to retire, and this is your opportunity to grab the reins and take the business to the next level!
The company sells new and used equipment, and services any make of equipment, even if they don’t sell it. Sales and service both fill out the balance sheet nicely.
There are very well-known brand names that you would recognize. New equipment includes both agricultural and construction tractors, snowblowers, riding and zero-turn mowers, bush hogs, wheel rakes, balers, aerators, mulchers, rototillers, seed spreaders and even whole-house stand-by generators.
Used equipment includes agricultural tractors, construction tractors, excavators, construction loaders and backhoes.
The company is located on a busy road, just outside a larger city and has a lot of road-front exposure. The sellers will consider financing the real estate.
Note: Financials are seller-provided and not audited by Inbar Group, Inc.
Listing Details
Gross Revenue: $6,611,405
Cash Flow: $925,351
FFE: $178,000 (Included in Price)
Inventory: $1,600,000
Real Estate: $1,200,000
Terms and Conditions?:
Real estate might be available, incidental to the sale of the business, not included in the sale price, but is also available for lease. Subject to commercial appraisal.
Reason For Sale:
Retirement
Training & Support:
Sellers will train and assist with transition.
Operation
Year Established: 1956
Employees: 15 Full Time, 2 Part Time
Summary
Potential Growth:
Consider adding other small-engine product lines like power sports.