Listing ID: 76334
This well-established Lawn Maintenance company has streamlined its operations to serve small to midsized residential customers on a recurring basis. All customers sign a year-long service agreement and many pay for the whole year upfront. This helps with beginning of the season cash flow. By narrowing its focus and investing in efficient processes and software, the business has been able to provide top-notch service to clients in northern Colorado for 12 years. The business has high SEO ratings that bring a constant stream of new customers.
This business has been lender pre-qualified which means you could own a business cash flowing over $140K for only 10% down!
Inquire for more details and learn how you can buy a business for as little as 10% down on qualified SBA listings or how to use creative financing options to get a deal done! At Transworld Business Advisors, we are the most active business brokerage in the country – listing and selling the most businesses in the state. Get added to our buyer list today to receive notifications as businesses with your criteria hit the market!
- Asking Price: $225,000
- Cash Flow: $140,205
- Gross Revenue: $461,088
- EBITDA: N/A
- FF&E: $81,200
- Inventory: N/A
- Inventory Included: N/A
- 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:8
- Furniture, Fixtures and Equipment:N/A
1,100 SF in a Storage Unit
Yes, 2 weeks
Other Business Interests
The venture was started in 2010, making the business 12 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nonetheless, the real factor vs the one they tell you may be 2 totally different things. For instance, they may claim "I have too many other obligations" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might just be justifications to try to conceal the reality of altering demographics, increased competition, recent reduction in earnings, or an array of various other factors. This is why it is really important that you not rely entirely on a vendor's word, yet rather, use the vendor's response in conjunction with your general due diligence. This will repaint an extra realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses finance loans so as to cover items like stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can mean that earnings margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that should be fulfilled or might cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the location draw in new consumers? Most times, businesses have repeat customers, which create the core of their daily revenues. Certain factors such as new competitors growing up around the location, roadway building, and also staff turn over can affect repeat consumers and also negatively influence future profits. One vital thing to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the main road? Certainly, the more people that see the business on a regular basis, the better the opportunity to build a returning client base. A last idea is the basic location demographics. Is the business located in a largely populated city, or is it situated on the outside border of town? Exactly how might the regional mean house income effect future income potential?