Business Overview

Serving higher-end homeowners and commercial clients in the Lake Norman and surrounding areas, this thriving 15-year-old company boasts annual contracts, an impeccable reputation, and consistent year-round business.

In business 15 years, this landscape management company is one of the leaders in the area. Its main customers are high-end homeowners, HOAs & commercial property owners.

In addition to landscape maintenance, some services this company offers include:

• Hardscapes installs
• Landscape Design and Installation
• Fertilization
• Landscape Lighting

A lean business that can be operated from anywhere, this business is a fantastic opportunity for industry veterans to add to their existing business, or the new entrepreneur to own an already thriving business. Inquire today!

Financial

  • Asking Price: $155,000
  • Cash Flow: $162,411
  • Gross Revenue: $542,670
  • EBITDA: N/A
  • FF&E: $48,000
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 2006

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:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

This is a home-based business which can be operated from anywhere. (Home Based)

Is Support & Training Included:

Seller will support and train a new owner - length of time and required salary are negotiable.

Purpose For Selling:

Seller is pursuing other interests.

Pros and Cons:

With many competitors in the market area, this business competes on the basis of service, quality and reputation.

Opportunities and Growth:

With marketing and creativity of a new owner, the growth of this business is limitless.

Home Based:

This Business Is Home Based

Additional Info

The business was founded in 2006, making the business 16 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. Nevertheless, the true factor and the one they say to you may be 2 totally different things. For instance, they might claim "I have a lot of other commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be reasons to try to conceal the reality of transforming demographics, increased competition, recent decrease in profits, or a variety of other reasons. This is why it is very essential that you not depend completely on a seller's word, yet instead, utilize the seller's solution in conjunction with your total due diligence. This will repaint a more practical image of the business's present situation.

Existing Debts and Future Obligations

If the existing business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Lots of companies take out loans in order to cover items like supplies, payroll, accounts payable, and so on. Bear in mind that sometimes this can suggest that earnings margins are too tight. Numerous companies fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may likewise be future obligations to think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that have to be met or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location draw in new clients? Most times, companies have repeat customers, which develop the core of their everyday revenues. Specific elements such as new competitors sprouting up around the location, road building, as well as personnel turnover can affect repeat clients and negatively affect future incomes. One vital thing to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the opportunity to construct a returning customer base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it situated on the edge of town? Just how might the local median household earnings influence future earnings potential?