Business Overview

NVA/DC/MD Executive Lawn Care and Landscaping Business providing services to mostly high net worth residential customers and some commercial accounts. Company offers professional landscape & hardscape design, outdoor kitchens & living structures, and turf renovation/aeration. Sale includes a wide variety of trucks, professional grade equipment, large workshop, and 1.5 acre fenced in lot. Reasonable, 10-year lease with 10-year renewal and first right of refusal available.
Business serves over 500 customers and has been in business for over 40 years (21-years under current owners). Highly trained staff will stay with business, Sellers are retiring.
Sales: $1,200,000+
SDE: $325,000+
Rent : Negotiable
Some Seller Financing: Negotiable
Family owned business for over 30-years, Started as a strictly lawn care business and expanded over the years. Most non seasonal employees are long term and will stay with business.
Competitive Overview There are many competitors in the NVA/DC/MD market, but few with the reputation, great employees, excellent equipment, and long term customers of this business.

Financial

  • Asking Price: $1,950,000
  • Cash Flow: N/A
  • Gross Revenue: $1,200,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1969

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:14
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

4 weeks

Purpose For Selling:

retiring

Additional Info

The venture was founded in 1969, making the business 53 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why people choose to sell operating businesses. However, the genuine factor vs the one they say to you might be 2 absolutely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. However, for some, these may just be justifications to try to hide the reality of changing demographics, increased competition, recent decrease in earnings, or an array of other factors. This is why it is extremely crucial that you not depend absolutely on a seller's word, however instead, utilize the vendor's solution together with your total due diligence. This will paint an extra practical image of the business's existing circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many companies are, then you will need to consider this when valuating/preparing your deal. Many businesses take out loans so as to cover points like inventory, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can mean that profit margins are too small. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may additionally be future commitments to think about. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with suppliers that have to be fulfilled or might cause penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location attract new customers? Many times, companies have repeat clients, which develop the core of their daily revenues. Specific factors such as new competition growing up around the location, roadway building and construction, as well as personnel turn over can impact repeat clients as well as negatively affect future revenues. One vital thing to think about is the area of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Clearly, the more individuals that see the business on a regular basis, the greater the opportunity to construct a returning consumer base. A last thought is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Just how might the neighborhood typical household earnings influence future revenue potential?