Business Overview

Mobile equipment repair and maintenance business that includes current clientele of three tree care companies in the Lowcountry. 40 pieces of equipment ready for service to generate steady income and endless expansion opportunities. Business considered essential following major weather events.

Financial

  • Asking Price: $180,000
  • Cash Flow: $34,646
  • Gross Revenue: $130,755
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

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:1
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

No facility required. All operations currently managed from home and truck.

Purpose For Selling:

Retirement

Opportunities and Growth:

Expansion opportunities especially in arborist companies.

Additional Info

The company was founded in 2014, making the business 8 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell operating businesses. Nevertheless, the true reason vs the one they say to you may be 2 entirely different things. For instance, they might claim "I have way too many various obligations" or "I am retiring". For numerous sellers, these factors are valid. But, for some, these might simply be excuses to try to conceal the reality of altering demographics, increased competitors, current reduction in revenues, or a range of other factors. This is why it is extremely vital that you not rely entirely on a vendor's word, yet instead, use the vendor's answer together with your general due diligence. This will repaint a more realistic image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous businesses finance loans in order to cover points such as inventory, payroll, accounts payable, etc. Keep in mind that sometimes this can indicate that revenue margins are too tight. Lots of companies come under 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 think about. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that must be fulfilled or may lead to penalties if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area attract new customers? Often times, companies have repeat consumers, which form the core of their daily earnings. Certain variables such as brand-new competition growing up around the area, road building, and also staff turnover can influence repeat consumers and also negatively influence future incomes. One vital thing to think about is the location of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more people that see the business on a regular basis, the higher the chance to construct a returning customer base. A last idea is the basic area demographics. Is the business located in a densely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood typical household earnings influence future earnings prospects?