Business Overview

Professional, safety and quality-focused tree and turf company with a strong record of providing 100% customer satisfaction to residential and commercial customers on the lower South Shore for over 30 years. The addition of an estimator and hiring additional crew to offer tree and lawn health services could substantially increase the gross revenue. Three-year detailed customer data base also part of the sale.

Financial

  • Asking Price: N/A
  • Cash Flow: $230,000
  • Gross Revenue: $667,000
  • EBITDA: N/A
  • FF&E: $200,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1987

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:

Free standing, heated garage and large lot

Is Support & Training Included:

Owner willing to stay up to 6 months to ensure a smooth transition.

Purpose For Selling:

Retirement

Opportunities and Growth:

Add insect control and fertilization offerings to established data base

Additional Info

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

Why is the Current Owner Selling The Business?

There are all types of reasons individuals decide to sell companies. Nevertheless, the true reason vs the one they tell you might be 2 entirely different things. For instance, they might state "I have too many various commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to conceal the reality of changing demographics, increased competitors, current decrease in earnings, or an array of other factors. This is why it is really essential that you not count completely on a vendor's word, however rather, make use of the vendor's answer together with your total due diligence. This will repaint a more practical image of the business's existing scenario.

Existing Debts and Future Obligations

If the current business is in debt, which lots of companies are, then you will need to consider this when valuating/preparing your deal. Many companies take out loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Bear in mind that sometimes this can mean that earnings margins are too tight. Many organisations fall under a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may additionally be future commitments to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be met or may result in penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area draw in new customers? Most times, companies have repeat consumers, which create the core of their day-to-day profits. Particular factors such as brand-new competition growing up around the location, road construction, and also employee turnover can impact repeat consumers and also negatively influence future earnings. One important thing to think about is the area of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the opportunity to develop a returning consumer base. A last thought is the general location demographics. Is the business situated in a densely inhabited city, or is it situated on the outskirts of town? Just how might the neighborhood typical family earnings impact future earnings prospects?