Details

Incredible opportunity to own the business and real estate - a farm and lawn tractor and equipment dealership in a 9000 sf building on 3 acres in SE Michigan. Partners are retiring and selling the business and real estate together. The business serves schools, municipalities, farms, residences and businesses in SE Michigan and Northern Ohio. Large farms are declining in favor of smaller lot lifestyle farms and residences, opening the market for higher volume smaller equipment with potential for the right operator to expand into ATV, UTV, recreational power sports, and snow removal equipment. A new owner has flexible options for expansion or diversification on the property as there is plenty of space left to utilize the land. Seller is active in the business with 4 FT employees and 1 PT employee. Hours of operation are 8 AM to 5 PM, Monday - Friday. $175,000 in Inventory and $116,273 in FF&E included in Asking Price.

This is a 9,000 sf location consisting of 5000 sf office and showroom, a 4000 sf shop with 20’ ceilings, 16’ overhead door (1000 sf is mezzanine with office and storage) on 3.05 acres of land in an L-shape with 200' of frontage on a very busy road and another 200' of frontage on another road. The property is fully enclosed by a fence and is 35 minutes from Detroit Airport.

Possible SBA financing for the right Buyer. Owners may entertain on offer for just the building and land under certain conditions. Asking price for the building and land is $450,000. An appraisal from 2018 supports this price. For additional information please contact listing agent.

Benefits of Expansion: better serve the market with products in demand by home owners and lifestyle farmers, fully utilize the 3 acres, fully capitalize on high traffic location. Expansion will require an increase in working capital and need for more employees and cross-training.

Strategic
• Optimize the product mix including ATVs, UTVs, power sports, snow removal
• Optimize customer base including lifestyle farmers, home-owners, schools, municipalities, hospitals
• Develop target programs for strategic businesses such as landscapers and property management companies
• Line up capital and inventory to prepare for pent-up demand from the current supply shortage
• Offer incentives for advanced orders now to be filled once supply returns
• Offer annual or seasonal service plans and and equipment tune-ups
• Cross-train part-time support staff and expand business hours

Marketing
• Implement a dealer management software to drive engagement with long-standing customers and new customers
• Implement an online strategy: social media, updated website, promotions, reputation management and reviews
• Develop promotion strategies centered on community outreach
• Consider updated signage for this high traffic location

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.