Listing ID: 72904
Full Service Personal Gardening – Flowers, flowerpots, maintenance of flower beds, trees, shrubs, mulch, rock gardens and hardscapes in any area that surrounds the perimeter of the residence or commercial building. This Concierge service plants, trims, weed removal, lays mulch and maintains all area of the yards, and medians. This niche business offers beautification of all flower beds and surrounding areas outside of the perimeter of the home or commercial building.
The company also offers hardscapes – Stonework, such as walking paths, paved areas, retaining walls and raised beds, etc.
Services include procuring of all garden décor, plant selection, picking out pots, planting trees, shrubs, plants, potted plants, mulch maintenance, flower gardens, bush trimming, pruning of all vegetation. Clean Ups – weekly/biweekly, monthly, seasonal and one-time clean ups, removal and haul off, fertilizing, plus most any other required maintenance such as watering and fertilizer application, etc. “Whatever the customer needs, we’ll make it beautiful”. The current owner refuses to offer mowing services.
Landscape design of any item(s) on or around the perimeter of the house. This company makes the homeowner’s home, the neighborhood HOA or commercial building look perfectly manicured, plush and maintained.
- Asking Price: $285,000
- Cash Flow: $130,000
- Gross Revenue: $289,700
- EBITDA: $101,000
- FF&E: $27,500
- Inventory: $5,000
- Inventory Included: Yes
- Established: 2003
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,200
- Lot Size:N/A
- Total Number of Employees:4
- Furniture, Fixtures and Equipment:N/A
The newly constructed Greenhouse/workplace (moved into February 2021) is centrally located and will allow easy access to all areas of the city. This new location will provide a much-improved storage area for plants, materials, vehicles and equipment. Plus, the new facility will improve the efficiency of the business due being located minutes away from several suppliers. The landlord is willing to offer attractive lease terms to the new owners.
Owner will to train as needed.
The customer base is located in Kansas, it consists of homeowners, HOA managers and commercial facility superintendents. Residential customers typically live in upscale, high income households and they want to maintain the beauty of their home and neighborhood. These loyal customers who have been using the services of this concierge business for many years have created a solid customer base that can be expanded and taken to the next level.
Flower beds/gardens, mulch, potted plants, rock gardens and beyond throughout the year. In addition to looking good, this company’s attention to detail while providing any and all maintenance needed from plant selection, nurturing the flowers/plants to watering the vegetation and most any additional service required to maintain the beauty of the landscape. EXCEPT Mowing. A great reputation for delivering superior customer service to its well-established customers base has created a solid foundation for the business to be taken to the next level. Long term relationships with its customers, almost guarantees new customer referrals every year. Customers who have enjoyed the beautification of their homes and businesses for many years will happily refer this company to their friends, family and neighbors. This business provides everything needed to maintain all areas of the landscape and hardscape. There are different projects every day. Time away from the business. The business typically shuts down Mid-December and starts back Mid-February depending on the weather. New ownership could offer additional Holiday services if desired to fill in this two-month break. The current owner declines to take on new business if is not in close proximity to current customers or she if doesn’t like the job. The business’s customers are centrally located in the same geographical areas of the city, this allows for an efficient daily routine for the maintenance crews. This has created a strong and solid customer base!
The business was established in 2003, making the business 19 years old.
The sale will include inventory valued at $5,000, which is included in the asking price.
The business has 4 employees and is situated in a building with disclosed square footage of 1,200 sq ft.
The property is leased by the business for $750 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons why individuals resolve to sell companies. Nevertheless, the genuine reason and the one they tell you may be 2 totally different things. As an example, they may state "I have a lot of other obligations" or "I am retiring". For numerous sellers, these reasons are valid. But also, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competitors, current reduction in revenues, or a variety of various other reasons. This is why it is extremely important that you not depend entirely on a vendor's word, however rather, utilize the vendor's solution along with your total due diligence. This will repaint a more reasonable picture of the business's current situation.
Existing Debts and Future Obligations
If the current business is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses borrow money in order to cover items like inventory, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that earnings margins are too thin. Lots of companies fall into 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 think about. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location attract brand-new consumers? Most times, operating businesses have repeat clients, which develop the core of their daily revenues. Particular elements such as new competition sprouting up around the area, roadway building, and employee turn over can impact repeat consumers and negatively affect future incomes. One essential thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the opportunity to construct a returning customer base. A final idea is the basic area demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? How might the local median home income impact future earnings prospects?