Listing ID: 77544
Highly established landscaping business specializes in maintenance of HOA/Commercial properties. Business is family-owned and operated with more than 50 years combined experience. The business has earned a reputation for providing excellent B2B landscaping services ranging from designing, creating large scale installation, contracted maintenance services and competitive advantage in plant supply. With a staff of 50+ employees, the business services the Coachella Valley and surrounding areas. Being in business for 20+ years, owner is ready for retirement. Seller financing may be available with a proper down payment. Nursery and real estate is also available as option to this transaction. Inquire with Agent.
Office is within a mobile home trailer.
- Asking Price: $1,100,000
- Cash Flow: $226,215
- Gross Revenue: $2,524,746
- EBITDA: N/A
- FF&E: $613,000
- Inventory: N/A
- Inventory Included: Yes
- Established: 2000
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:5,000
- Lot Size:N/A
- Total Number of Employees:55
- Furniture, Fixtures and Equipment:N/A
The venture was founded in 2000, making the business 22 years old.
The company has 55 employees and is situated in a building with approx. square footage of 5,000 sq ft.
The real estate is leased by the company for $5,000 per Month
Why is the Current Owner Selling The Business?
There are all types of reasons people resolve to sell businesses. Nevertheless, the true reason vs the one they tell you might be 2 entirely different things. As an example, they may say "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might just be reasons to attempt to hide the reality of altering demographics, increased competition, current reduction in profits, or a variety of other reasons. This is why it is extremely important that you not rely totally on a vendor's word, yet instead, use the vendor's solution combined with your overall due diligence. This will paint a much more realistic image of the business's existing scenario.
Existing Debts and Future Obligations
If the existing business is in debt, which numerous companies are, then you will need to consider this when valuating/preparing your deal. Many companies finance loans with the purpose of covering points like supplies, payroll, accounts payable, and so on. Remember that sometimes this can indicate that revenue margins are too tight. Many organisations come under a revolving door of taking loans as a way to pay back various 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 may have existing agreements with vendors that need to be fulfilled or might lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do businesses in the area attract new consumers? Most times, companies have repeat customers, which form the core of their everyday earnings. Certain aspects such as brand-new competition sprouting up around the location, road building and construction, and also employee turn over can influence repeat customers and also negatively affect future revenues. One essential thing to think about is the location of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Obviously, the more people that see the business regularly, the greater the opportunity to develop a returning customer base. A final idea is the general location demographics. Is the business situated in a largely inhabited city, or is it located on the edge of town? Exactly how might the neighborhood mean home earnings influence future income potential?