Equipment Dealership Outdoors and Lawn Care

Price: $1,326,000

Location: Savannah GA

Industry: Retail and Service

Listing ID: 1175

Certified Dealership, More Than Just A Repair Shop, Founded in 1964 this was originally a small-town repair shop, 50 years later is running strong    

Certified Equipment Dealership

Certified Equipment Dealership

Founded in 1964 this was originally a small-town repair shop intended to fix small appliances such as lamps, toasters, electric irons, etc. Today, over 50 years later, it is still running strong; now specializing in sales and service of power machinery and lawn equipment such as lawn mowers, chain saws, tillers, and the like.

Listing Details

Total Sales: $1,636,972

SDE: $213,719

FFE: $50,000 (Included in Price)

Inventory: $315,000 (Included in Price)

Real Estate: $511,000 (Included in Price)

Lender Pre-Qualified?: Yes

Reason For Sale:

Retiring

Training & Support:

Seller will train for a mutually agreed upon period

Operation

Year Established: 1964

Year of Last Acquisition: 1964

Days & Hours of Operation: M-F 8am-5:30pm, Sat 8am-12pm

Location

Type of Location: Free Standing

Square Footage: 7,500

Facilities Information:

Retail building is well know in the area
Type: 3 Star Retail Freestanding
GLA: 7,500 SF
Stories: 1
Typical Floor: 7,500 SF
Construction: Masonry

Summary

Competition:

This business has earned an excellent reputation over 50 years, it would be very difficult for a new company to compete here.

Potential Growth:

There is healthy growth all around the Savannah GA area.
Population:                      1 Mile      3 Mile       5 Mile
2019 Total Population: 2,612         8,331       13,565
2024 Population:           2,946         9,366      15,237
Pop Growth 2019-2024: 12.79%    12.42%     12.33%
Average Age:                     35.50         35.50       35.70