Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Lawnmowers & Garden Equipment Retailer - Supply, Service & Repair

LISTING DETAILS
Firms For Sale ID:
34164
Vendor reference:
AH149
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£475,000  
Turnover / revenue:
£212,776
Net profit / cashflow:
£35,206
Years established:
40
Number of employees:
3
Employees / staffing:
The present family members has been operating the business since 1993. The two owners (husband and wife) are responsible for the operation of the business supported by one member of staff responsible for the shop floor service.

OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
Image Not Found
 
 
 
Image Not Found
BUSINESS DESCRIPTION
Lawnmowers & Garden Equipment Retailer Supply, Service & Repair of Light Agricultural Machinery Retailer and Enhancer of A.T.Vs. (Quad Bikes)
Ref.AH149
Location Suffolk
Asking Price GBP 475,000
This family owned business has been established since 1975. The business specialises in the supply and repair of garden machinery & equipment plus ATVs (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 ATVs (Quad bikes), modifying these to order inhouse.
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.

Expansion 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.

Market / Competition / Non-Competition Agreements
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 .