Sun Acquisitions is pleased to announce the sale of a 55-year-old outdoor power equipment distributor and service business located in Northwest Indiana.
The business sells outdoor power equipment for every season and provide service and repair on all the equipment they distribute. Their primary customers include commercial and residential landscapers, as well as the everyday homeowner. They are equipped with a large inventory of equipment parts to support the major brands they carry. Additionally, the business offers pick-up and delivery services for their established and loyal customer base.
There are major growth opportunities for the new ownership to continue to grow the business including: increasing online marketing efforts to create in-depth new customer acquisition strategies, implementing SEO and PPC campaigns for better brand awareness, and expanding the sales team to increase outbound sales.
Sun Acquisitions generated over 45 potential buyers for the business which led to 10 qualified buyers and 1 final offer. The business was acquired by an individual investor, who had an interest in becoming a new owner-operator.
Matt Brunstrum, Advisor with Sun Acquisitions, led the transaction team for all aspects of this successful client engagement. Matt is an experienced transaction advisor and has a history of bringing buyers, sellers, attorneys, accountants and advisors together for an efficient and successful transaction.