Listing ID: 80393
Opportunity to acquire a profitable landscaping business with huge growth potential!
This business services 64 properties on a weekly or bi-weekly basis.
The clients are a good mix of Commercial, Apartment Complexes, HOAs, and Residential.
Clients are located INTOWN Atlanta such as Reynoldstown, Old 4th Ward, Kirkwood, as well as Decatur, Smyrna, Midtown, West Midtown, and East Cobb.
Currently, this is an Owner Operated business. Expenses are very low. This is a home-based business.
Besides the owner, there are two Employees (1099) who work FT at $15/hr
Sale includes all the equipment needed to provide the landscaping services. Equipment is in Great Working Condition. In fact, most of the equipment included has been bought brand new this year. The sale also includes a branded 2018 F-150! Altogether it is an estimated $55,000 in equipment included in the price.
Some of these businesses’ clients are large builders and property management companies that are willing to offer hundreds more jobs to this business. Huge potential for growth for an owner that is able to get more trucks and crew prepared.
This business will not qualify for an SBA Loan.
Call today for more information!
- Asking Price: $99,000
- Cash Flow: $101,000
- Gross Revenue: $220,000
- EBITDA: N/A
- FF&E: $55,000
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals resolve to sell operating businesses. Nonetheless, the real reason vs the one they say to you might be 2 absolutely different things. For instance, they might say "I have a lot of other responsibilities" or "I am retiring". For many sellers, these factors stand. But also, for some, these may just be justifications to attempt to hide the reality of changing demographics, increased competitors, recent reduction in revenues, or a variety of various other factors. This is why it is really crucial that you not count absolutely on a vendor's word, yet rather, make use of the vendor's answer combined with your general due diligence. This will repaint an extra realistic picture of the business's existing situation.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses finance loans in order to cover things such as inventory, payroll, accounts payable, and so on. Remember that sometimes this can indicate that profit margins are too tight. Many companies come under a revolving door of taking loans as a way to pay back various other loans. In addition to 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 may have existing contracts with suppliers that need to be fulfilled or might cause fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in brand-new clients? Most times, businesses have repeat clients, which develop the core of their everyday earnings. Specific variables such as new competition sprouting up around the area, road construction, as well as employee turnover can affect repeat customers and also adversely impact future incomes. One vital thing to think about is the placement of the business. Is it in an extremely trafficked shopping mall, or is it concealed from the highway? Obviously, the more individuals that see the business on a regular basis, the higher the chance to develop a returning client base. A last thought is the basic location demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? How might the neighborhood typical house earnings impact future income prospects?