Listing ID: 79151
Well established Lawn Service for sale with very good rates and stable customers who pay well and on time. 3 trucks included in the sale. Good employees. Good residential communities serviced where expansion would easily be possible. Seller looking to slow down hence sale. Excellent E.2 business and L. 1 Visa as plenty of staff so should qualify. Seller will train for two weeks.
- Asking Price: $325,000
- Cash Flow: N/A
- Gross Revenue: $523,050
- EBITDA: $141,603
- FF&E: $111,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2008
- 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
two weeks training
other business interest
The business was established in 2008, making the business 14 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals decide to sell companies. However, the real factor and the one they tell you may be 2 entirely different things. As an example, they might state "I have a lot of various responsibilities" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be reasons to attempt to hide the reality of transforming demographics, increased competition, recent reduction in earnings, or a range of other reasons. This is why it is really essential that you not depend absolutely on a vendor's word, yet instead, make use of the vendor's response combined with your overall due diligence. This will paint a more reasonable image of the business's current circumstance.
Existing Debts and Future Obligations
If the existing company is in debt, which numerous businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of operating businesses finance loans so as to cover items like supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can indicate that earnings margins are too small. Many organisations fall into a revolving door of taking loans as a way to pay back various other loans. Along with debts, there may likewise be future commitments to consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that need to be satisfied or may cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location draw in new customers? Many times, companies have repeat customers, which develop the core of their everyday revenues. Particular aspects such as new competitors growing up around the location, roadway building, and employee turn over can affect repeat clients and also negatively impact future profits. One essential point to think about is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Obviously, the more individuals that see the business often, the better the possibility to construct a returning client base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it situated on the edge of town? Just how might the regional average household earnings influence future earnings prospects?