Catylist ID: #30802803
Farmington Lawn Equipment
Business Opportunity for Sale
|Catylist Listing ID:||30802803|
|Property Subtypes:||Business Services|
|Building Size (RSF):||3,253 SF|
|Name of Establishment:||Farmington Law Equipment|
|Business Website Address:||http://farmingtonlawn.com/|
|Year Business Established:||1973|
|Gross Revenue:||$300,000 (Annual)|
|Cash Flow:||$0 (Annual)|
|Sale Terms:||Business Only $200,000 -OR- Business & Property ($795,000) = $945,000 Options: 1) Purchase Business & Lease back Property 2) Purchase Business & Purchase Property on a Land Contract Asking Price for Business & Property is: $945,000 Asking Price for Business is negotiable and is dependent on the other terms negotiated regarding the property sale or lease.|
Overview / Comments
Property and/or Business For Sale.
The Owner has been in this very lucrative business for 35+ years and wants to retire!
47,520 CARS DAILY!!!!!
In the front yard of Holiday Inn Express and Home Depot.
FABULOUS RETAIL DEMOGRAPHICS!!!! Good enough for Home Depot, Holiday Inn Express, Hampton Inn, J. Alexanders, Office Depot, Home Goods, T.J. Maxx, DSW and more!!
Many businesses have their address on Northwestern Hwy as well, 123 Net, Northwestern Energy, Burns & Wilcox and others. Northwestern Hwy is considered one of the main business hubs in the metro Detroit area.
Directly located on Northwestern Hwy., which is the major connector between the West Bloomfield and Farmington Hills, to the major expressway intersections in Southfield. Quick access to anywhere in the metro Detroit Area!
Fabulous Visibility Corner Site with one curb cut off of Northwestern Hwy and another curb cut off Clairview Dr.
Farmington Hills is a city in Oakland County in the U.S. state of Michigan. Its population was 83,986 at the 2020 census. It is a northern suburb of Metro Detroit and is the second most-populated city in Oakland County after Troy.
Farmington Hills consistently ranks as one of the safest cities in the United States, as well as in the state of Michigan.
Farmington Hills also ranks as the 36th highest-income place in the United States with a population of 50,000 or more and ranked as 14th America's best cities to live by 24/7 Wall St. in 2016.
General Business (B-3) - Designed to provide sites for more diversified business types which would often be incompatible with the pedestrian movement in the local business district or the community business district.
|Industry Segment:||Other Business Services|
|Value of Inventory Included ($):||$0|
|Value of Furniture, Fixtures, and Equipment ($):||$0|
|Real Estate Status:||Real Property|
|Value of Real Estate Included ($):||$0|
|Real Estate Lease Description:||Negotiable.|
|Mgmt/Training Support Description:||Owner will stay on for a period of time to transition the business.|
|Competition/Market Description:||Farmington Lawn Equipment has never advertised. The presence in the community since 1973, almost 50 years, has made it as an icon on Northwestern Hwy. The households and demographics in the area support this business service.|
|Growth/Expansion Opportunities:||Presently the Owner is repairing lawn mowers and snow blowers only. The business also repaired jet ski's and sharpened electric chain saws, all additional revenue streams that could be ramped up again.|
|Seller Financing Description:||Short term Land Contract|
|Proximity:||1 mile||3 miles||5 miles|
Valerie KempRE/MAX Commercial Connection
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