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This retail outlet is a leading seller of top name-brand outdoor power equipment for home and commercial use within its area. It also has a large inventory of home consumer power equipment and event furnishings for rent. The Company has a long history and extensive customer base in a small city and surrounding region with no nearby competition. It has built significant customer support with its emphasis on selling and servicing quality equipment. The Company has growth potential through both expanded outdoor power equipment product lines and increased rental equipment inventory. The surrounding area is seeing economic growth in housing and employment, which support stronger sales of both power equipment and event rentals. The current family ownership is seeking to retire but willing to provide support through transition.
Real Property Included
Investment in Additional Equipment – The current owner estimates a potential to double rental income by expanding the inventory of rental items, particularly larger construction equipment, at a time when national trends are toward increased reliance on rental equipment.
Grow Sales of Commercial Power Equipment – The Company has authorization add a top-name commercial equipment dealership. Adding top-end commercial mowers could also grow sales and income.
Economic Growth of Region – The region has an improving housing market and healthy local economy. Increased home ownership and disposable income both support additional spending on outdoor power equipment and potential for increased rental in homeowner tools and party/event furnishings.
Limited Competition in Market Area – The Company is the sole business of its type within 25 miles, giving it strong market penetration in its immediate surrounding area.
Long History of Selling Top Brands – The Company focuses on selling good quality lines of equipment that compete well on quality and price with higher priced lines. It is among the top sellers of two of its national brand outdoor power equipment products.
Room for Growth – The Company operates out of two adjacent buildings and properties which offer space for expansion as needed to accommodate growth. The properties will be part of the transaction.
Owner is looking to retire
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