Listing ID: 67538
RVA Business Brokers is pleased to introduce this Landscaping Supplier/Excavator to the market
• The Top Excavating Contractor is the largest landscaping and decorative stone supplier in the Northern Neck, VA. It is a trusted contractor of gravel driveways and repairs.
• The Company sells mulch, dirt, gravel, compost, stone, sand,
• and more. It has the heavy equipment needed and the expertise required to offer excavation, demolition, barn pads,
• grading, culverts, and more. The Company offered rip rap and erosion solution services in the past
• Spring is the busiest season with mulch sales tripled for delivery and pick-up from the March to June gardening season.
• Before you is an incredible opportunity to purchase a leader in excavation and landscaping supplier with incredible room for growth.
• The Company runs radio ads and occasional Facebook posts. Growth opportunities can include investing in GoogleAd words, Facebook Ads, direct mail, and improving roadway signage. Returning to rip rap and erosion solution services can appeal to residential, commercial, and municipal customers.
– 14% 3-Year Revenue Growth!
– 13% 3-Year Avg. Cash Flow Margin!
– $800,000 in assets
– 39-year history in the community
– Materials: gravel, mulch, dirt, compost, stone, and sand
– Delivery, excavation, demolition
- Asking Price: $120,000
- Cash Flow: $200,000
- Gross Revenue: $1,600,000
- EBITDA: N/A
- FF&E: $800,000
- Inventory: $50,000
- Inventory Included: N/A
- Established: 1972
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:9
- Furniture, Fixtures and Equipment:N/A
Retail Location and Pit Available for Lease or Purchase Not Included in the Piece
There is little competition in the area.
There is a lot of work available in area for motivated new owner.
The company was founded in 1972, making the business 50 years old.
The transaction doesn't include inventory valued at $50,000*, which ins't included in the requested price.
The company has 9 employees and resides in a building with approx. square footage of N/A sq ft.
The property is leased by the business for $0.00
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell businesses. Nonetheless, the genuine factor and the one they tell you might be 2 entirely different things. As an example, they may state "I have too many other responsibilities" or "I am retiring". For numerous sellers, these reasons are valid. But, for some, these may simply be excuses to try to conceal the reality of changing demographics, increased competitors, recent reduction in incomes, or a variety of other factors. This is why it is extremely essential that you not count entirely on a vendor's word, however rather, make use of the seller's solution together with your overall due diligence. This will paint an extra sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses take out loans so as to cover points like inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that profit margins are too tight. Numerous businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing contracts with vendors that need to be met or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract brand-new customers? Many times, operating businesses have repeat consumers, which develop the core of their everyday profits. Certain elements such as new competition sprouting up around the area, road building and construction, and also employee turnover can affect repeat consumers and negatively impact future earnings. One important point to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business often, the greater the chance to construct a returning consumer base. A last thought is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the regional average family income influence future income potential?