Long Established Lawn Mower Retail & Services Business
About this business for saleLong Established Lawn Mower Retail & Services Business
Great opportunity to run your own business. Urgent sale due to change in seller's personal circumstances!
This business was established more than 30 years ago and has built a strong reputation for quality products and excellent service in the Garden Route area.
The company sells mowing, trimming & cleaning, soil & ground, cutting, and turf care equipment. They stock all major brands including Tandem, Tanaka, Briggs & Stratton, Snapper and various other garden equipment. The company also have a services workshop where repairs are done to all the brands of garden equipment, including but not limited to lawn mowers, chain saws, brush cutters, garden tractors, riders and front mowers. There are therefore two sources of income in this business: sales and repairs. There is a small bachelor flat on the property that can be rented out to also generate a third income stream for the business.
The growth in turnover year on year over the past 2 years, speaks for the growth potential in the business and the potential to increase owner earnings remarkably under the right management. There are good systems and controls in place in the business. The business is operated from a prime location in this coastal Garden Route town with a clean, neat and professionally looking showroom and workshop. Staff are well trained. The business has shown excellent growth in turnover from 2017 to 2018. The business has not reached its full potential yet.
This is an excellent opportunity to acquire a business with huge growth potential. Enjoy a great lifestyle in the beautiful Garden Route while running your 5.5 day operation which can grow to provide sustainable income. The ideal owner is a customer services orientated entrepreneur who loves interacting with people. If you have some technical background, it will be advantageous but it is not a requirement to run this business successfully. It is the ideal opportunity for a husband and wife team. The owner has over the past year streamlined a few aspects of the business, positioning the business for the next owner to take it to the next level.
The asking price excludes stock of R750,000 and VAT.
+27 83 226 9017
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.