Business Overview

This commercial landscaping company specializes in serving property owners, developers and contractors. They provide the expertise to design a commercial project and execute by placing plant and trees, hydro seeding grass and installing the appropriate irrigation and watering system. The company’s growth and profitability are driven by developing relationships with key owners and contractors and actively bidding competitively on the maximum available publicly available projects. Their experienced workforce, some with tenure over 15 years, allows them to operate efficiently keeping costs low. The seller owns a tree farm, consisting of over 2,500, live oak trees. The farm is not included in the listing price but the seller is prepared to offer better terms for acquiring both the business tree assets. Please refer to CBB Listing #8269

Financial

  • Asking Price: $895,000
  • Cash Flow: $300,607
  • Gross Revenue: $1,075,771
  • EBITDA: N/A
  • FF&E: $255,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1993

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home-based (Home Based)

Is Support & Training Included:

Seller will train

Purpose For Selling:

Retirement

Opportunities and Growth:

Expand service to existing customers by providing ongoing maintenance for the completed landscape installations.

Home Based:

This Business Is Home Based

Additional Info

The company was started in 1993, making the business 29 years old.

The company has 1ft; 12 cont. employees and is situated in a building with disclosed square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell companies. Nonetheless, the true factor vs the one they say to you might be 2 totally different things. As an example, they might say "I have too many other commitments" or "I am retiring". For lots of sellers, these reasons are valid. However, for some, these may simply be excuses to attempt to conceal the reality of altering demographics, increased competitors, recent reduction in revenues, or a range of various other reasons. This is why it is really essential that you not count entirely on a vendor's word, but instead, utilize the vendor's solution combined with your general due diligence. This will repaint a more reasonable picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing entity is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of companies finance loans with the purpose of covering points like stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can suggest that revenue margins are too small. Lots of businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that have to be satisfied or may lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do businesses in the location attract brand-new customers? Many times, businesses have repeat customers, which form the core of their daily earnings. Certain variables such as brand-new competitors sprouting up around the location, roadway building, as well as personnel turnover can impact repeat customers and adversely affect future profits. One important point to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Certainly, the more individuals that see the business on a regular basis, the better the possibility to develop a returning customer base. A last idea is the general area demographics. Is the business situated in a densely populated city, or is it situated on the outside border of town? How might the neighborhood average house income impact future income potential?