Total of 18659 firms and businesses for sale today Sunday 5th May 2024
Sold. Repair, Sales And Service Of Lawnmowers, Garden Machinery, Tools & Power Equipment Commercial An
LISTING DETAILS
Firms For Sale ID:
25104
Vendor reference:
AH090
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£395,000
Furniture, fixtures and fittings included.
Furniture, fixtures and fittings included.
Turnover / revenue:
£700,000
Net profit / cashflow:
Undisclosed
Years established:
32
Trading hours:
The business trades Monday to Friday from 8:30 am to 5:30 pm and Saturday from 9:00 am to 5:00 pm.
Number of employees:
5
OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The owner is more than willing to provide full business familiarisation, training and handover, in order to ensure a smooth transfer is achieved.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The lease is for three years. There is an excellent longstanding relationship with the landlord, and a new lease can be negotiable on terms agreeable to both parties. Rent is currently circa £29,000 per annum with rates payable circa £5,500.
BUSINESS DESCRIPTION
Repair, Sales and Service of Lawnmowers, Garden Machinery, Tools & Power Equipment Commercial and Domestic Market
Ref.AH090
Location North Hampshire
Asking Price £ 395,000
This business was established in 1979 and specialises in the repair, sales and servicing of domestic to small commercial lawnmowers, garden tools and garden machinery and the retail of various garden accessories and implements and fireworks, (for which they are licensed for 12 months trading). Based in North Hampshire they offer a wide range of machines for sale as well as a full servicing, repair and maintenance service. This business offers leading quality brands of lawn mowers, Garden Tractors and Garden Machinery. It also supplies equipment to domestic and commercial markets and offers a mail order service across the UK
The business has a thriving service centre manned by experienced technicians to provide after sales service and service and repairs of garden machinery and equipment and can supply spare parts for most brands. They have earned an excellent reputation for their reliable service, expertise, brands, skilled staff, prompt response time, location and competitive prices and are authorized dealers of leading garden machinery brands. The service, maintenance and repair facilities this business offers are equally impressive.
The business has built an excellent reputation for quality machinery maintenance and unrivalled client service. The business operates from a prime location in North Hampshire and has established itself as one of the region’s leading independent specialist garden machinery suppliers. The business services all makes of garden machinery including lawn mowers, ride-on's, strimmer's, garden vacs, chainsaws etc. The business also resharpens and regrinds blades and cylinders, oil changes, filters, carb cleaning, and all major part replacements.
Expansion Potential
There is considerable scope for growth with renting equipment, sale through internet, these are just some of those avenues. The vendor feels that extending working hours by opening on Sunday will also have impact on sales. Making provision for hire of tool and equipment is another best option for the growth of business.
The current market for this business is buoyant and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.