Listing ID: 71420
Fast growing landscape company has increased sales for the last three years. The first quarter of 2021 is 60% higher than the first quarter of 2020.
The company has an experienced team of horticulturists, masons, irrigation/lighting specialists, designers and machine operators.
The services include weekly maintenance programs, landscape design, hardscape construction, horticulture, night lighting, irrigation and snow removal. The site contractors are experienced with septic system installations, foundation excavations, and utility trenching and installs. They have all the equipment needed for commercial and residential snow removal. This equipment includes snow blowers, skid steers, front end loaders, multiple plow trucks and sanders. This a one stop landscape maintenance and construction business.
- Asking Price: N/A
- Cash Flow: $532,340
- Gross Revenue: $3,000,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $10,000
- Inventory Included: Yes
- Established: 2010
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:24
- Furniture, Fixtures and Equipment:N/A
Owner available to stay
Owner wants more time to travel
The venture was founded in 2010, making the business 12 years old.
The deal will include inventory valued at $10,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals decide to sell businesses. However, the genuine reason vs the one they say to you may be 2 completely different things. As an example, they might say "I have too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be excuses to attempt to conceal the reality of altering demographics, increased competition, current reduction in earnings, or a variety of other reasons. This is why it is very crucial that you not rely entirely on a seller's word, yet instead, utilize the vendor's answer together with your total due diligence. This will paint a more practical picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous businesses are, then you will certainly need to consider this when valuating/preparing your deal. Numerous operating businesses borrow money with the purpose of covering things such as stock, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that profit margins are too small. Many organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future obligations to think about. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with vendors that should be met or may result in fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in new clients? Often times, companies have repeat consumers, which form the core of their everyday profits. Specific elements such as new competition growing up around the area, road building, and personnel turnover can influence repeat consumers and negatively impact future revenues. One essential thing to consider is the placement of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business often, the higher the chance to construct a returning client base. A final thought is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? Just how might the local typical family earnings effect future income prospects?