Listing ID: 79320
A very nice combination Lawn and Pool care business which has been established since 2006. The current seller is looking to retire and move out of state. This business comes with three trucks and equipment. It currently services 400 lawns and 90 pools, in the Daveport and Kissimmee areas. Good paying customers. Call Listing agent for more information.
- Asking Price: $439,000
- Cash Flow: $169,732
- Gross Revenue: $500,310
- EBITDA: N/A
- FF&E: $75,000
- Inventory: N/A
- Inventory Included: N/A
- Established: 2006
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:7
- Furniture, Fixtures and Equipment:N/A
two weeks training at zero cost to buyer
Retirement moving out of state
This Business Is Home Based
The business was founded in 2006, making the business 16 years old.
Why is the Current Owner Selling The Business?
There are all sorts of reasons why individuals choose to sell companies. Nonetheless, the genuine reason and the one they tell you might be 2 completely different things. For instance, they might state "I have too many other responsibilities" or "I am retiring". For numerous sellers, these factors stand. But, for some, these might just be reasons to attempt to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of various other reasons. This is why it is extremely important that you not rely completely on a seller's word, however instead, use the vendor's answer in conjunction with your total due diligence. This will paint an extra sensible picture of the business's current situation.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money with the purpose of covering points such as supplies, payroll, accounts payable, etc. Bear in mind that sometimes this can mean that earnings margins are too tight. Lots of companies fall under 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 consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or might lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Just how do operating businesses in the location bring in brand-new consumers? Often times, operating businesses have repeat clients, which form the core of their day-to-day profits. Particular variables such as brand-new competition growing up around the location, road building, and also staff turnover can impact repeat clients as well as negatively impact future revenues. One crucial thing to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more people that see the business regularly, the better the opportunity to build a returning customer base. A last thought is the general location demographics. Is the business located in a largely populated city, or is it located on the outside border of town? How might the local typical household earnings impact future income potential?