Power Equipment and Powersports Sales and Service Business
Off-MarketFranklin, NC
Power Equipment And Powersports Retail And Service Business
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$3,300,000
$250,000
7.6%
1980
30+ Days
Customers
Customer base is primarily local and from surrounding counties. Area has approximately 40,000 full-time residents with significant summer population growth.
Customer Acquisition
Word of mouth and reputation in the local area.
Team
The team consists of six full-time employees and one part-time inventory assistant. The technician team has two members: one with 20+ years of tenure since the business acquisition and another former military member employed for a couple of years. The sales team includes three dedicated sales staff: one who handles power sports exclusively and two who manage power equipment and the parts counter. One employee handles equipment assembly and setup for delivery.
Owner's Role
The owner is present daily and handles payroll, inventory management, and all operational duties across departments.
Reason for Selling
The owner has other business interests and wants to focus primarily on real estate development.
Contracts
No
Real Estate
Owner-built facility of 10,000 square feet constructed in 2016, situated on 2.75 acres of land. The property was appraised at just under $1.6M for the building and land combined. Owner preference is to include the property in the business sale.
When Are You Looking to Sell
ASAP
Licenses Required
No
Additional Notes
Revenue breakdown: Power Sports equipment sales at $1.3M, power equipment sales at roughly $1M, and service operations at $200K–$225K annually.
Business ID: 1682
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