Listing Number: 9525-296007
Description
****65% Seller Financing option****
This small engine repair outdoor power equipment service and sales business is a highly regarded and well-established small engine repair business specializing in landscape equipment, including lawn mowers, garden tractors, and other outdoor power equipment. Located in Norfolk, Virginia, the business has been serving the local community for several years, earning a solid reputation for its quality services.
Business Highlights:
Location: Norfolk, VA
Specialization: Landscape material repair (lawn mowers, garden tractors, etc.)
Annual Revenue: $150,000
Seller Discretionary Earnings: $75,000
Established Clientele: The business has a loyal customer base, including homeowners, landscapers, and businesses in the region.
Experienced Team: The business is staffed with skilled technicians who have extensive experience in repairing and servicing small engines.
Strong Industry Presence: This company is known for its expertise in the field, making it a trusted name for all types of landscape equipment repairs.
Strategic Location: Located in a prime area with good visibility and accessibility, the business benefits from high foot traffic and a large catchment area.
Well-Equipped Facility: The business operates from a fully equipped facility with state-of-the-art tools and equipment for efficient repairs.
Key Investment Considerations:
Revenue Growth Potential: With an annual revenue of $150,000 and Seller Discretionary Earnings of $75,000, This company offers the potential for revenue growth through expanded marketing efforts and additional services.
Loyal Customer Base: The business has built a strong and loyal customer base over the years, with many repeat clients. There is an opportunity to further cultivate and expand this customer base.
Skilled Workforce: The team of experienced technicians ensures high-quality repair services, contributing to the business's reputation and customer trust.
Prime Location: The business's strategic location in Norfolk, VA, provides excellent exposure and accessibility to a broad customer demographic.
Industry Expertise: This company is known for its expertise in the small engine repair industry, making it a valuable acquisition for individuals or businesses looking to enter this market or expand their existing operations.
Equipment and Inventory: The business is equipped with a range of specialized tools and equipment necessary for small engine repair. The sale includes an inventory of parts and supplies.
****Option to purchase the real estate****
Confidentiality and Process:
This CIM contains confidential and proprietary information about Champs Small Engine Repair. Interested parties must execute a Non-Disclosure Agreement (NDA) to receive additional financial details and discuss the acquisition further.
Listing Details
- Price: $149,000
- Down Payment: $54,500
- Sellers Discretionary Earnings: $75,000
- Total Sales: $150,000
- Location: Norfolk City, Virginia
- Inventory: $20,000
- FF&E: $1,000
- Employees: 1
- Reason for Selling: retirement
- Category: Lawn/Landscaping
Contact Agent:
- Christian Sowers
- Phone: (804) 206-8852
- Email: [email protected]