Buy in option to thriving service business

Retiring owner offering you the opportunity progressively buy into full ownership of a successful business.

Mosgiel Mowers Plus is Mosgiel's only dedicated/specialised outdoor power tools sales and service business - in the heart of Dunedin's fastest-growing suburb. The business has proven to be rewarding for a working owner and, with successive years of growth.
Coming into the main season makes this an ideal time to enter the business. More so given this opportunity to have an extended period working with the owner before you go it alone.
Any serious offer for the business will be considered. This can include a generous invitation to consider and extended vendor workout period and a staged deposit and payment plan towards your full ownership of the business.
Stock Levels range seasonally between $45,000 and $60,000
Plant and equipment book value is $ 10,000
Intangible assets include business systems, customer and supplier information, site/ address, vendor assistance, and good will.
Total asking price range from $100,000 to $115,000

About the business

Sales are roughly 50:50 retail and servicing equipment. Servicing equipment accounts for a larger proportion of the profit and is managed around the retail functions. The customer base has developed steadily over a number of years attributable to honest local service and convenient location.
The retail aspect of the business is less demanding with a range of quality and value outdoor power equipment including brands like Masport, Lawnmaster, Cub Cadet, Morrison, and Maruyama.
The existing business model provides a good range of outdoor power equipment without many peripheral/non-core sales lines you often see in similar businesses. The location and premises provide ample opportunity to add additional lines.
This is a simple business based on quality, value and honest service.
Your enquiry starts now. Pick up the phone and call Nick 020 477 6778

Additional Features

  • Business Group - Type: Business - Retail, Business - Service

  • Sale GST: Plus GST (if any)

Nick Lucas (Phone +64 20 477 6778)
Nick Lucas
Business Sales Consultant