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San Diego

  • Listing Number: 106-22020

    Category: Retail

Asking Price $595,000
Down Payment $300,000
Gross Revenue $1,385,690
Total Adjusted Net Income $194,823
Equipment / Fixtures $100,000
Year Established 1978
General Location San Diego
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Well established profitable business specializing in sales and service of commercial lawn equipment. They are a local dealer for commercial grade lawn care equipment that cannot be purchased by the big box stores like Home Depot, Lowe's, or on the Internet. Excellent position to serve the market with the NEW Lithium Ion products hitting the market. Established relationships with city agencies including across the border with Mexico. Located in an industrial area with reasonable rent. Business has been established for over 40 years. Some employees have been with the company more than 25 years. Owner lives 3 hours away and is at the business 2 days a week. Owner is ready to retire. Please contact the listing broker for more information!

Gross Revenue
$1,385,690
Listed Price
$595,000
Total Income
$194,823
Down Payment
$300,000
Base Rent
$3,600
Square Feet
4000
Total Rent
$3,600
Lease Expiration
07/2025
Rent Deposit
$2,000
Lease Options
1 / 10 year
Inventory
$200,000
Leasehold Improvements
100000
Equipment / Fixtures
$100,000
Other Assets
Forklift , extra shop area not utilized plus more room for expansion
Full-Time Employees
4
Training Period
Up to 30 days
Part-Time Employees
1
Reason for Selling
Retiring after 42 years

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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