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Asking Price$156,106
Revenue$330,185 Established1975
Cash Flow$46,831 Employees3 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Lawnmowers & Garden Equipment Retailer - Supply, Service & Repair of Light Agricultural Machinery - Retailer and Enhancer of A.T.V’s. (Quad Bikes)
Location Suffolk
Asking Price £ 100,000
This family owned business has been established since 1975. The business specialises in the supply and repair of garden machinery & equipment plus ATV’s (quad bikes).
A complete range of products are stocked that are associated with gardening/landscaping, such as lawnmowers, garden tractors, chainsaws etc. retailing to the private and trade sector (Private 60%, Trade 40% ). The business also supply, service and repair light agricultural machinery.
This specialist business retails and enhances ATV’s (Quad bikes), modifying these to order in-house.
Related protective clothing is held in stock.
All repairs and after sales servicing is undertaken for the gardening equipment, with many accessories and spares in stock for all leading brand names. The service centre offers a full repair and spares facility for all popular garden machinery while the repair centre has expert skilled and trained staff, who offer a competitively priced service.
Facilities:A new full repairing lease will be granted with an initial starting rent of £17,500. The business receives a sub-rent of c£11,300. The Freehold property is available by separate negotiation with an asking price of £275,000. The vendor would prefer to sell the freehold along with the business but would be flexible. The premises comprise of a detached modern factory with a showroom of circa 3,200 sq. ft. + circa 1,000 sq. ft. of storage and a mezzanine. The site is a good size and has a good profile to the street with car parking to the front and a yard /additional car parking is to the rear. The premises are secured with an alarm system and rear roller shutter doors.
Competition:The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more assertively. Most of the business's turnover is generated through the current existing client base, some local advertising in the village papers and trade company brochures, plus word of mouth recommendation. The company website does a good job of showcasing the products and services on offer .
Growth Potential:There is a huge scope to increase turnover by concentrating on additional marketing to bring the company up to date. Social media is now very popular and incorporating Facebook and Twitter along with the website would be a start to bringing the company into the 21st Century. There is also scope to introduce a modest advertising campaign as at present there is little in the way of marketing activity. This business has good cash flow and tight control over its costs, a good starting point for an expansion-minded buyer.
Training/Support:Full support and any necessary training will be provided during handover as part of a successful sale package
Sale Reason:Retirement
Ad #72419
Seller Reference #AH149
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Contact This Seller
Turner Butler
0044 1895256000
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