0 Successful Tractor And Outdoor Power Equipment Company Michigan, ND 58259

This exceptional opportunity presents a well-established tractor and outdoor power equipment business in Whitman, North Dakota, boasting over 75 years of service. The business enjoys a prime location on a busy highway, offering excellent visibility. It benefits from diverse revenue streams including new equipment sales, service, parts, and sales of off-road vehicles, serving a loyal customer base for over three decades. The company carries spare parts for over 10 brands and has a strong online presence. Average annual revenues exceed $4.7 million, with an average annual Seller's Discretionary Earnings (SDE) of $336,000 over the past three years. Significant revenue growth of 15% annually (2021-2022) and over 70% growth in net income in 2023 compared to the previous year demonstrate strong performance. The asking price is $1,295,000, with a favorable SDE multiple of 3.3x. The sale includes goodwill, fixed assets, and approximately $175,000 of inventory (cost basis). The seller will carry a substantial six-figure note for a qualified buyer, and a potential financing structure includes a 10% down payment, a matching seller note, and an SBA term loan. This structure projects a post-debt discretionary cash flow of approximately $240,000 in 2023. The current management team, including a general manager, will remain in place, and the seller offers a one-year transition period for training and customer retention. The real estate is available for lease or purchase separately. This presents a high-cash-flow business with significant barriers to entry in a desirable region.