Listing ID: 71472
Full service and fully equipped landscape business enjoying over 4 decades of success. This business consists of a blend of residential and commercial accounts. Services provided beyond traditional landscape services include but are not limited to snowplow service, Tick & Mosquito treatment, and fertilization contracts. Excluding the snowplow services, this business operates for 10 months per year. Includes landscape equipment valued at $150,000. This is currently operating as a home-based business and would integrate well with an existing high-volume landscape operation.
- Asking Price: $479,000
- Cash Flow: $83,600
- Gross Revenue: $575,000
- EBITDA: N/A
- FF&E: $150,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 1976
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
Seller will stay on for up to 1 year as a salaried employee to assist with entire transition including assisting with transfer of client contracts.
Owner is retiring
This Business Is Home Based
The business was founded in 1976, making the business 46 years old.
The company has 7 employees and is located in a building with estimated square footage of N/A sq ft.
The real estate is leased by the company for $0.00
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell operating businesses. Nonetheless, the real factor vs the one they tell you may be 2 totally different things. As an example, they may state "I have way too many various obligations" or "I am retiring". For many sellers, these factors stand. But, for some, these might simply be excuses to try to hide the reality of transforming demographics, increased competition, recent decrease in incomes, or an array of other reasons. This is why it is extremely vital that you not rely completely on a vendor's word, yet rather, use the seller's solution combined with your overall due diligence. This will paint a much more sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of companies are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses borrow money so as to cover things like inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that profit margins are too small. Numerous businesses come under a revolving door of taking on debt 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 tools or the building where the business resides. The business may have existing agreements with suppliers that should be fulfilled or might cause charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract brand-new customers? Often times, businesses have repeat clients, which develop the core of their everyday profits. Certain aspects such as new competitors growing up around the area, roadway building, and personnel turn over can impact repeat customers and also adversely influence future incomes. One important thing to consider is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the higher the possibility to construct a returning consumer base. A final idea is the general location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? Just how might the regional median household earnings impact future revenue prospects?