Listing ID: 79109
Great opportunity to acquire a profitable and growing Landscaping business in Southern New Hampshire along with the related Real Estate. The Company offers full-service landscaping and hardscaping services to commercial and residential customers. The Company has loyal clients made up of approximately 60% Commercial and 40% Residential, and the majority of the clients have contracts.
To Receive the Confidential Package on this business, please complete the NDA or contact us for one via this BizBuySell advert. The location listed is not correct due to confidentiality.
- Asking Price: $750,000
- Cash Flow: $250,000
- Gross Revenue: $1,445,000
- EBITDA: $250,000
- FF&E: $640,000
- Inventory: $12,000
- Inventory Included: N/A
- Established: N/A
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:3,000
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
The Company resides in a building that is nearly 3,000 SF on approximately 3.75 +/- acres. There are additional structures for storage and display of materials. It’s a highly visible location with strong traffic flow of residents and commuters and is nearby intersections and roadways. There is ample onsite parking for employees and patrons. The Real Estate is priced at an additional $475,000.
Seller is willing to assist in support and training.
There is strong demand in the marketplace for this work, with more than enough business to go around.
There is significant opportunity to expand the business. The Company has high quality equipment, which is very well maintained to take on all types of landscaping jobs. They are centrally located with dedicated space to meet increased demands.
The sale shall not include inventory valued at $12,000*, which ins't included in the suggested price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people choose to sell operating businesses. Nevertheless, the real reason vs the one they say to you might be 2 absolutely different things. As an example, they might state "I have a lot of various commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be justifications to attempt to conceal the reality of altering demographics, increased competitors, recent decrease in earnings, or a variety of other reasons. This is why it is really crucial that you not rely totally on a seller's word, but instead, make use of the seller's response along with your total due diligence. This will paint a much more sensible image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current business is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your offer. Numerous operating businesses take out loans so as to cover points such as supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can imply that profit margins are too thin. Numerous businesses come under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to take into consideration. There might be an outstanding lease on tools or the building where the business resides. The business may have existing contracts with vendors that have to be satisfied or may result in penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area bring in brand-new clients? Most times, companies have repeat clients, which create the core of their daily profits. Certain aspects such as new competition sprouting up around the location, road construction, and staff turnover can influence repeat clients and adversely influence future incomes. One vital thing to think about is the placement of the business. Is it in a highly trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A last thought is the general location demographics. Is the business placed in a largely populated city, or is it situated on the outside border of town? Exactly how might the local average house earnings impact future earnings potential?