Listing ID: 76549
Full-time landscape maintenance company that offers quality lawn/garden care, winter maintenance, and exterior repairs in this Western Slope town. Services include HOA lawn maintenance, garden design and installation, turf maintenance, and retaining wall installation. The business has built its brand on quality through performance; letting word-of-mouth speak for itself. Turn-key operation with unlimited growth opportunities!
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- Asking Price: $525,000
- Cash Flow: $177,982
- Gross Revenue: $587,584
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2003
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:5
- Furniture, Fixtures and Equipment:N/A
Home-based. (Home Based)
Yes, 4 weeks.
This Business Is Home Based
The venture was founded in 2003, making the business 19 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell operating businesses. Nonetheless, the real reason and the one they say to you might be 2 entirely different things. As an example, they may say "I have way too many various responsibilities" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be reasons to attempt to conceal the reality of changing demographics, increased competitors, current reduction in profits, or a variety of other reasons. This is why it is extremely important that you not count totally on a vendor's word, however instead, utilize the vendor's solution combined with your overall due diligence. This will repaint an extra realistic image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses take out loans with the purpose of covering points such as stock, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that profit margins are too small. Many businesses fall into a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise be future commitments to think about. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with vendors that have to be fulfilled or may lead to charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location draw in brand-new consumers? Most times, businesses have repeat customers, which create the core of their daily revenues. Certain aspects such as brand-new competitors growing up around the location, road construction, and personnel turnover can affect repeat consumers and also negatively affect future revenues. One crucial point to take into consideration is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more individuals that see the business regularly, the higher the opportunity to develop a returning client base. A final idea is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the outskirts of town? Exactly how might the neighborhood average house earnings influence future revenue prospects?