Internal ID:
Price:
Total Sales:
FF&E:
Inventory:
Listing Status:
EQUIP2
$1,165,000
$312,621
$121,642
$250,000
Sold
Description:
ENLIGN is proud to represent this established and profitable service and sales center for name brand outdoor power equipment. Serving both residential, commercial and municipal accounts this business has built a reputation of quality with loyal customers. The business maintains a depth of inventory for sales and service needs including commercial mowers, residential mowers, trimmers, hand tools, edgers, chain saws, blowers, hedge trimmers and brush cutters from several top name brand manufacturers. $250,000 of inventory (parts and saleable product) will be included in the purchase price. Should actual inventory at cost exceed $250,000 as of the date of closing the purchase price will be increased dollar for dollar.And If the actual inventory at cost is less than $250,000 the purchase price will be reduced dollar for dollar. Note that due to seasonal purchasing that there is currently almost $400,000 in owned inventory and an additional ~$450,000 of inventory on consignment or floor plan accounts. Buyer will need to apply and be qualified to establish new flooring credit facilities for this portion of inventory.
2009 Caminos Drive
Raleigh, NC 27607
Internal ID: EQUIP2
Price: $1,165,000
Total Sales: $312,621
FF&E: $121,642
Inventory: $250,000
Listing Status: Sold
Description: ENLIGN is proud to represent this established and profitable service and sales center for name brand outdoor power equipment. Serving both residential, commercial and municipal accounts this business has built a reputation of quality with loyal customers. The business maintains a depth of inventory for sales and service needs including commercial mowers, residential mowers, trimmers, hand tools, edgers, chain saws, blowers, hedge trimmers and brush cutters from several top name brand manufacturers. $250,000 of inventory (parts and saleable product) will be included in the purchase price. Should actual inventory at cost exceed $250,000 as of the date of closing the purchase price will be increased dollar for dollar.And If the actual inventory at cost is less than $250,000 the purchase price will be reduced dollar for dollar. Note that due to seasonal purchasing that there is currently almost $400,000 in owned inventory and an additional ~$450,000 of inventory on consignment or floor plan accounts. Buyer will need to apply and be qualified to establish new flooring credit facilities for this portion of inventory.
2009 Caminos Drive
Raleigh, NC 27607
