Business Overview

The company is a full-service landscape maintenance business serving residential and commercial clients in and around Redmond Oregon. The company was established over 10 years ago. The company provides weekly lawn maintenance, weed control, fertilization, thatching, aerating, spring and fall cleanups and property beautification services. All assets needed to operate the business are included in the sale.

Financial

  • Asking Price: $160,000
  • Cash Flow: $72,000
  • Gross Revenue: $114,000
  • EBITDA: N/A
  • FF&E: $50,000
  • Inventory: N/A
  • Inventory Included: N/A
  • 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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

The company operates from the owners home and will need to be relocated at closing.

Is Support & Training Included:

The owner will provide training and transition support to the buyer.

Purpose For Selling:

Pursuing other interests

Pros and Cons:

Other landscape maintenance companies exist in the region.

Opportunities and Growth:

The company has substantial opportunities for growth by hiring qualified labor resources.

Additional Info

The business was started in 2009, making the business 13 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people resolve to sell operating businesses. Nevertheless, the genuine reason and the one they tell you may be 2 entirely different things. As an example, they may claim "I have too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. But also, for some, these might simply be reasons to try to hide the reality of changing demographics, increased competitors, recent decrease in profits, or an array of other factors. This is why it is really essential that you not depend completely on a seller's word, however instead, use the vendor's answer combined with your total due diligence. This will repaint a much more realistic picture of the business's present situation.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses finance loans so as to cover points like inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can imply that revenue margins are too tight. Numerous businesses fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with suppliers that should be satisfied or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in new clients? Many times, companies have repeat customers, which form the core of their daily earnings. Particular variables such as new competitors sprouting up around the area, road construction, and staff turn over can influence repeat customers as well as adversely impact future profits. One vital point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business often, the greater the chance to build a returning customer base. A final thought is the basic location demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Exactly how might the regional median house earnings impact future earnings potential?