25 Year Garden Equipment Repair / Maintenance - $206,000 Cash Flow

Cincinnati, OH
Excellent Service Provided
Asking Price:$479,000
Gross Revenue:$577,000
EBITDA:$206,000
Established Year:1998
Cash Flow:$206,000
Inventory:$18,000
FF&E:$97,000
BUSINESS DESCRIPTION

Sales grew 30% from 2020 – 2021 and 21% from 2021 – 2022 and are on the rise this year. Current owner has shrewdly used customized industry software and management procedures to streamline business operations. Virtually no advertising has been done and the company only services a small segment of Greater Cincinnati.

The company is offered as an asset purchase, free and clear of debt. The owner will train in all aspects of the business and will be available to ensure a smooth transition. Highlights include:

SBA loan eligible
Equipment included – $95,000
No accounts receivable – all cash
Inventory included – over $18,000
Database of over 11,000 customers
Over 2,600 customers serviced in 2022
Clean books and records – all numbers are verifiable
3,300 square foot facility which includes warehouse and offices


DETAILED INFORMATION
Location
Cincinnati, OH
Inventory
Included in asking price
Real Estate
Leased
Building SF
3,300
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
This is a 3,344 square foot facility with 2 offices and a large warehouse / service area.
Competition
This company is certainly the largest and most unique of its kind in Greater Cincinnati. There are very few competitors in this industry.
Growth & Expansion
The company only services a small segment of Cincinnati so expanding the territory would increase sales dramatically. Virtually no advertising is taking place so SEO marketing could drive sales up as well.
Financing
SBA loan eligible
Support & Training
The owner will train in all aspects of the business and will be available to ensure a smooth transition.
Reason for Selling
The condition of the seller’s health is a major concern at this point.
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Dan Long