Equipment Dealership With Real Estate
Location North Carolina,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $1872000
Net Profit / Cash Flow $211000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 4 - 5
Inventory 285000
Relocatable No
Number of Employees 4 - 5
Real Estate Owned
Training Seller will negotiate a transition period
Reason for Sale Retirement
Description Established dealership offering lines of equipment from multiple manufacturers, as well as warranty work, a service and parts department. Located in Eastern North Carolina maintaining an exclusive sales territory with opportunity for expansion and growth. The current owner is ready to retire and is ready to assist the new owner during a transition period and help them take the business to the next level.
Eastern North Carolina continues to see positive business and population growth and this business with its outstanding reputation and repeat business is poised to grow with it. The business and the real estate must be purchased together. The asking price for the business is $690,000 and the real estate will trade at appraised value. The seller estimates the value at $600,000. The owned inventory of $200,000 is included in the asking price. Any floor planned inventory would be assumed by the new owner.
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