Long Established Lawn Mower Retail & Services Business

Western Cape

R 799 000

Financial Information

Detailed financials available on request

Great opportunity to run your own business.

This business was established more than 30 years ago and has built a strong reputation for quality products and excellent service in the Garden Route area. The company sells mowing, trimming & cleaning, soil & ground, cutting, and turf care equipment. They stock all major brands including Stihl,Tandem and Husqvarna. The company also have a services workshop where repairs are done to all the aforementioned equipment, including but not limited to lawn mowers, chain saws, brush cutters, garden tractors, riders and front mowers. There are therefore two sources of income in this business: sales and repairs. There is a small bachelors flat on the property that can be rented out to also generate a third income stream for the business. The owner unexpectedly fell ill and had to leave managing the business to his wife. She is battling to cope with both her husband's ill health and responsibilities in the business. Don't expect to draw a big salary from this business. The growth in turnover year on year over the past 2 years, speaks for the growth potential in the business and the potential to increase owner earnings remarkably under the right management. There are good systems and controls in place in the business. The business is operated from a prime location in this coastal Garden Route town with a clean, neat and professionally looking showroom and workshop. Staff are well trained. The business has shown excellent growth in turnover from 2017 to 2018. The business has not reached its full potential yet. This is an excellent opportunity to acquire a business with huge growth potential. Enjoy a great lifestyle in the beautiful Garden Route while running your 5.5 day operation which can grow to provide sustainable income. The ideal owner is a customer services orientated entrepreneur who loves interacting with people. If you have a technical flair, it will be advantageous but it is not a requirement to run this business successfully. It is the ideal opportunity for a husband and wife team. The owner has over the past year streamlined a few aspects of the business, positioning the business for the next owner to take it to the next level. The asking price excludes stock of R750,000 and VAT.

Reason for selling