Listing ID: 78836
Highly successful Landscaping Company – specializes in high-end landscaping.
Reputation for quality work, for 17 years.
The founder & current owner is willing to train and work with a new owner for a period of time, managing the two crews, selling and estimating new jobs.
This is a great opportunity for a new and profitable career in Landscaping !
- Asking Price: $499,000
- Cash Flow: $309,000
- Gross Revenue: $706,250
- EBITDA: N/A
- FF&E: $82,450
- 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:3
- Furniture, Fixtures and Equipment:N/A
2 Week Transition, optional contract after
The company specializes in Landscape / Hardscape - could expand its service & maintenance side.
The company was established in 2003, making the business 19 years old.
Why is the Current Owner Selling The Business?
There are all types of reasons individuals decide to sell operating businesses. Nevertheless, the genuine factor and the one they tell you may be 2 absolutely different things. As an example, they may claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might just be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in incomes, or a variety of other reasons. This is why it is very crucial that you not depend entirely on a seller's word, but instead, utilize the seller's answer along with your overall due diligence. This will paint a more practical image of the business's existing situation.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses borrow money so as to cover points such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can mean that earnings margins are too tight. Lots of organisations fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be met or may result in penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area attract brand-new clients? Often times, businesses have repeat clients, which form the core of their day-to-day profits. Particular aspects such as new competition growing up around the location, road building, and also staff turn over can impact repeat consumers and negatively affect future incomes. One essential thing to consider is the placement 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 higher the opportunity to construct a returning consumer base. A last idea is the general location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the regional median house earnings impact future earnings prospects?