Business Overview

Well managed landscaping business with existing commercial contracts in place. Design, installation, irrigation, and general landscape maintenance for 34 years. Accurate accounting. Professional Office Staff is in place. Degreed and licensed field crews and managers provide horticultural knowledge for each project.

Market Areas: Northeast Houston

Contact David Quintanilla with Sunbelt Business Brokers at 832-640-9700 for complete details.

REF ID# N1978-DQ

Financial

  • Asking Price: $1,350,000
  • Cash Flow: $446,375
  • Gross Revenue: $2,399,364
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: Yes
  • Established: 1987

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:7,304
  • Lot Size:N/A
  • Total Number of Employees:37
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

2,304 SF Office space and 5,000 SF Warehouse leased for $ 3,500 per month. Property is owned by the seller and will be leased to the new buyer.

Is Support & Training Included:

The Seller will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.

Purpose For Selling:

Owner is pursuing other business interests.

Additional Info

The venture was started in 1987, making the business 35 years old.

The business has 37 FTE / 1 PTE employees and is located in a building with estimated square footage of 7,304 sq ft.
The real estate is leased by the company for $3,500 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. However, the true factor and the one they say to you might be 2 completely different things. For instance, they may claim "I have a lot of other responsibilities" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be justifications to try to hide the reality of transforming demographics, increased competitors, recent reduction in incomes, or an array of various other reasons. This is why it is extremely crucial that you not count entirely on a vendor's word, but rather, make use of the vendor's response along with your general due diligence. This will repaint a much more realistic picture of the business's present situation.

Existing Debts and Future Obligations

If the current entity is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Lots of businesses borrow money so as to cover things like supplies, payroll, accounts payable, so on and so forth. Remember that in some cases this can imply that profit margins are too thin. Lots of 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 commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that have to be met or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location bring in brand-new customers? Often times, businesses have repeat clients, which form the core of their everyday earnings. Specific factors such as new competition sprouting up around the location, road building and construction, and personnel turn over can impact repeat clients and also adversely impact future revenues. One crucial point to think about is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the greater the possibility to build a returning client base. A final thought is the basic area demographics. Is the business located in a largely inhabited city, or is it located on the edge of town? Just how might the local average house income influence future earnings potential?