Business Overview

Established hydroseed and erosion control company. Pandemic Strong: $1.5+ million in 2020 revenues, with an owner benefit of $548,866. Annualized 2021 Financials have expected Revenue at $2 million with expected owner benefit of $575,000. Consistently Profitable:5 year avg owner benefit is over $500k. Asset Based: $1.1 million in F.F.E. included in the sale with over $500k of new equipment purchased in the last 15 months. Diversified: the business recently took diversification steps to better prepare itself through economic expansions and contractions. Growth Opportunities: untapped markets offer huge potential. Loyal Customers & Well-Trained Employees. Clean Books & Records. Loanable Purchase: qualified buyers with 20% down will be welcomed by lenders. Quality work, outstanding service and affordable pricing characterize this company making this a fantastic business opportunity. NDA Required. Qualified Buyers Only. Proof of ability to purchase required to receive more information on this opportunity.

Financial

  • Asking Price: $3,100,000
  • Cash Flow: $548,866
  • Gross Revenue: $1,557,391
  • EBITDA: N/A
  • FF&E: $1,096,357
  • Inventory: $40,000
  • Inventory Included: Yes
  • Established: 2002

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:14
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Detailed in the Confidential Business Review

Is Support & Training Included:

Negotiable

Additional Info

The company was founded in 2002, making the business 20 years old.
The deal shall include inventory valued at $40,000, which is included in the asking price.

The company has 14 employees and is located in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals resolve to sell companies. However, the real reason and the one they tell you may be 2 completely different things. As an example, they may claim "I have a lot of various commitments" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these may simply be excuses to try to hide the reality of changing demographics, increased competitors, current decrease in revenues, or an array of various other reasons. This is why it is really crucial that you not count totally on a seller's word, however rather, make use of the seller's response along with your general due diligence. This will paint a more sensible picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your offer. Numerous companies finance loans in order to cover items like stock, payroll, accounts payable, etc. Keep in mind that sometimes this can suggest that earnings margins are too small. Many organisations fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with suppliers that must be satisfied or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in brand-new clients? Most times, operating businesses have repeat customers, which create the core of their everyday profits. Certain variables such as new competitors sprouting up around the location, road construction, as well as personnel turnover can affect repeat clients as well as adversely affect future revenues. One essential point to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more individuals that see the business on a regular basis, the greater the possibility to construct a returning client base. A final thought is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outskirts of town? How might the local mean household earnings impact future income prospects?