Listing ID: 74925
Turn-key landscaping and lawn service business in Central Phoenix. 65 accounts within a two mile radius. Services include pavers, synthetic grass, sprinklers/repair, tree trimming and pruning plus more. For more info call GoldStar Business Brokers.
- Asking Price: $225,000
- Cash Flow: $143,718
- Gross Revenue: $329,801
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2017
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
This Business Is Home Based
The venture was established in 2017, making the business 5 years old.
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 may be 2 totally different things. For instance, they may state "I have too many various obligations" or "I am retiring". For numerous sellers, these factors stand. However, for some, these might just be reasons to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in revenues, or an array of various other reasons. This is why it is really vital that you not count completely on a seller's word, yet instead, make use of the seller's answer together with your general due diligence. This will repaint a much more reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Many operating businesses finance loans with the purpose of covering things like inventory, payroll, accounts payable, etc. Remember that occasionally this can indicate that earnings margins are too thin. Numerous businesses come under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future commitments to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may cause penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location attract brand-new customers? Most times, businesses have repeat consumers, which form the core of their day-to-day profits. Certain aspects such as new competition sprouting up around the location, roadway building, and employee turn over can affect repeat customers and also adversely impact future revenues. One essential point to take into consideration is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business regularly, the greater the chance to construct a returning client base. A last idea is the general location demographics. Is the business located in a densely populated city, or is it located on the outside border of town? Just how might the local typical family income influence future earnings potential?