Business Overview

Reason for Sale: Health Concerns- Extremely Profitable Commercial Lawn Maintenance Company. Established since 2004 servicing Broward county. 80 Commercial accounts with a monthly recurring revenue of $150k/month. 95/5 split between commercial & residential. 30+ experienced employees will stay with the new owner. 2021 Owner Benefit $875k+ for a full time owner managing the business. Visa qualified with W2 staff and 3 years of tax returns on file. All Buyers must financially qualify before name and Executive summary is provided. Fully equipped.

Financial

  • Asking Price: $2,350,000
  • Cash Flow: $877,443
  • Gross Revenue: $4,516,865
  • EBITDA: N/A
  • FF&E: $200,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2004

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:28
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

$2,460/Month -Yard (80,000 sq ft)- Office -Home Based- Month to Month Lease.

Is Support & Training Included:

Will train for 4 weeks @ $0 cost.

Purpose For Selling:

Health Concerns.

Additional Info

The venture was started in 2004, making the business 18 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons why individuals choose to sell businesses. Nonetheless, the true reason and the one they tell you might be 2 totally different things. As an example, they might say "I have too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might just be justifications to try to conceal the reality of transforming demographics, increased competitors, recent reduction in revenues, or a variety of various other reasons. This is why it is really essential that you not depend entirely on a seller's word, but instead, make use of the vendor's response combined with your general due diligence. This will repaint a more practical picture of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your offer. Many businesses take out loans in order to cover points such as stock, payroll, accounts payable, etc. Keep in mind that in some cases this can mean that earnings margins are too tight. Numerous businesses come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with vendors that should be fulfilled or may result in charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the location draw in new customers? Many times, companies have repeat consumers, which create the core of their day-to-day profits. Specific variables such as brand-new competitors growing up around the area, roadway building, as well as employee turnover can impact repeat customers as well as adversely influence future incomes. One crucial thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business regularly, the better the possibility to build a returning client base. A final thought is the basic location demographics. Is the business placed in a densely populated city, or is it located on the edge of town? How might the neighborhood median household earnings influence future earnings prospects?