Listing ID: 66840
Business Overview
Unlimited growth potential.
**SBA Lender Pre-Qualified**
This business delivers fresh soilless grass to pet owners. The grass is prepared by removing soil and placed in clean and aesthetically pleasing trays. Real grass has many benefits over plastic pads or artificial grass. Perfect for condos, boats, or anywhere it isn’t convenient to take your pet out for a walk.
Day in a life – Business is Mon-Fri only. Sod is prepared and delivered to customers who subscribe to this service. Old grass is rolled up, removed, and disposed of. Customers are responsible for removing all waste matter, so there is little mess to deal with for staff. Delivery can be scheduled for once or twice a month.
The business has grown so much that in 2019, new facilities and equipment were procured to handle the volume. The business is now able to support 90% more work. Some labor may be needed. Expansion into sod sales and delivery is very easy and profitable.
The seller manages the process and does some deliveries. Dedicated marketing and sales will grow the customer base. Unlimited growth potential because not many people know about this solution. Works well in a rooftop setting and is perfect for city condos. People bought pets during the pandemic and as they go back to work, they will need a clean solution for their pet’s.
From the site:
For dog owners living in condo’s, apartments, homes and on boats Condo Pet Pals makes everyday living a little easier. Your dog’s potty solution is as easy as opening your patio door. Condo Pet Pals provides you with an all weather, sealed pod/tray that holds our real, live and 100% natural grass. For those living in our service area, we come to your home and remove the old soiled sod and replace it with fresh new grass on a regularly scheduled basis.
Some companies offer to ship you “fresh, soilless” grass. They say their grass is “green”, but the truth is once it gets to you the only thing green about their product is the color. It’s not always fresh – By the time it was harvested, bagged, shipped and received by you (the customer) it’s been 3-7 days, maybe longer. Not Fresh & Dying!
Condo Pet Pals grass is grown locally, prepped locally and brought to you Fresh.
All the “soiled/used” grass that Condo Pet Pals picks up is taken right back to the farm and composted or used as fill. Ecologically Friendly, now that’s “Green.”
All the cleanup and disposal is done by Condo Pet Pals, you don’t have to worry about picking up used sod, the mess or the disposal of old grass. Condo Pet Pals has got you covered!
Financial
- Asking Price: $220,000
- Cash Flow: $91,000
- Gross Revenue: $334,420
- EBITDA: N/A
- FF&E: $55,000
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2009
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
leased >10,000sqft field with greenhouses and shed. 4 vehicles, tractor, and other equipment included. (Home Based)
negotiable
moving out of state
No direct competitors. Unlimited growth. This is service that most people and building owners don't know about. Social media, advertising, and contacting building owners will increase business.
current facilities and equipment is sufficient to handle about 90% growth. Only one vehicle is being used full time. The other vehicles are only used part-time or on standby.
This Business Is Home Based
Additional Info
The venture was established in 2009, making the business 13 years old.
The deal will include inventory valued at $5,000, which is included in the requested price.
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell operating businesses. Nevertheless, the real factor vs the one they tell you may be 2 totally different things. For instance, they might state "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competition, recent decrease in profits, or an array of other reasons. This is why it is very crucial that you not count absolutely on a vendor's word, but instead, utilize the vendor's response combined with your total due diligence. This will repaint an extra sensible image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Many businesses borrow money with the purpose of covering things like supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can indicate that revenue margins are too tight. Many businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that should be met or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area bring in new customers? Many times, businesses have repeat customers, which form the core of their everyday profits. Specific factors such as brand-new competition sprouting up around the area, road building and construction, as well as employee turn over can affect repeat customers and also negatively impact future earnings. One vital thing to consider is the area of the business. Is it in a very trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business regularly, the better the possibility to construct a returning consumer base. A final thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood mean home earnings effect future income potential?
