Business Overview

The Company was established in 1994 and has a solid growth record 2017-2020. increasing income significantly even during the pandemic.
The Company operates a coverage area of approximately 7,800 square miles. The service area includes some of the fastest growing residential areas in the U.S. The Company currently services about 5% of single-family and commercial properties in its service area. It has standing service agreements with almost 1,400 customers. There are significant growth opportunities including initiation of digital marketing and expansion in the commercial market. Ideal prospect for existing company expansion. Services offered include lawn care, tree and shrub care, sod webworm preventative services, mosquito control, and other client-specific services.
Price includes a fleet of seven service vehicles equipped for spray and inventory of almost $10,000.
Seller has agreed to remain on for a reasonable period to assist in any transition.

Financial

  • Asking Price: $612,000
  • Cash Flow: $188,270
  • Gross Revenue: $729,290
  • EBITDA: $80,270
  • FF&E: N/A
  • Inventory: $10,000
  • Inventory Included: Yes
  • Established: 1994

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:10,000
  • Lot Size:N/A
  • Total Number of Employees:N/A
  • Furniture, Fixtures and Equipment:N/A
Purpose For Selling:

Owner's health

Additional Info

The company was founded in 1994, making the business 28 years old.
The deal shall include inventory valued at $10,000, which is included in the listing price.

The property is leased by the business for $2,725 per Month

Why is the Current Owner Selling The Business?

There are all types of reasons people resolve to sell operating businesses. Nonetheless, the real factor and the one they tell you might be 2 totally different things. For instance, they might claim "I have way too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may simply be justifications to try to conceal the reality of altering demographics, increased competition, recent reduction in incomes, or a variety of various other factors. This is why it is extremely vital that you not count totally on a vendor's word, yet instead, utilize the vendor's response in conjunction with your overall due diligence. This will repaint a more practical image of the business's existing situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering items such as inventory, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can mean that revenue margins are too tight. Lots of organisations fall into a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may likewise be future obligations to take into consideration. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with vendors that must be satisfied or might result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the area bring in brand-new clients? Often times, companies have repeat clients, which create the core of their everyday earnings. Certain aspects such as brand-new competitors sprouting up around the location, roadway building and construction, as well as personnel turn over can influence repeat consumers and also negatively affect future revenues. One vital thing to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Certainly, the more people that see the business regularly, the higher the possibility to develop a returning consumer base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the edge of town? Exactly how might the regional average family earnings effect future income potential?