Listing ID: 76375
This full service commercial & high end residential lawncare company has been servicing the Denver Metro for over 20 years. Business services include design & build, landscape maintenance, irrigation installation, and snow removal. Grown through a successful reputation built around quality work, this business is turn-key ready! The owner currently does not spend any money on marketing, leaving a huge opportunity for the new owner to expand. The business also provides snow plowing services to create year-round income.
This business has been lender pre-qualified which means you could own a business cash flowing over $155K 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: $300,000
- Cash Flow: $156,791
- Gross Revenue: $488,173
- EBITDA: N/A
- FF&E: $108,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:6
- Furniture, Fixtures and Equipment:N/A
Home-based. (Home Based)
Yes, 4 weeks.
This Business Is Home Based
Why is the Current Owner Selling The Business?
There are all sorts of reasons why people decide to sell companies. However, the true reason vs the one they say to you might be 2 entirely different things. As an example, they may state "I have way too many various responsibilities" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be excuses to attempt to conceal the reality of transforming demographics, increased competitors, recent reduction in revenues, or a variety of other reasons. This is why it is very important that you not count totally on a seller's word, but rather, utilize the seller's solution combined with your general due diligence. This will paint a much more realistic picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies take out loans with the purpose of covering things such as stock, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can indicate that earnings margins are too thin. Many organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be satisfied or might lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in new customers? Most times, businesses have repeat customers, which create the core of their day-to-day profits. Particular aspects such as new competitors sprouting up around the area, roadway building, as well as employee turnover can impact repeat consumers as well as adversely impact future revenues. One vital thing to consider is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business often, the higher the chance to construct a returning customer base. A final idea is the basic area demographics. Is the business situated in a densely populated city, or is it located on the edge of town? How might the neighborhood median family income effect future earnings potential?