Listing ID: 80965
Business Overview
Popular landscape and nursery business for sale! Deemed an “Essential Business”, the revenues have grown despite the Covid pandemic! Tremendous opportunity for a motivated buyer.
Sellers and their staff have a reputation for being extremely knowledgeable and helpful, and can work within any budget. Nursery carries everything from annuals and perennials, trees and shrubs, gifts and accessories for your garden or your patio, as well as all the soils, rock and treatment products you need. This is one-stop shopping, whether you are purchasing a few plants for your home or have a landscape project. Landscape maintenance accounts for roughly 20% of overall revenue.
A large employer will be bringing an estimated 1,000 jobs to the area soon, which creates a large potential for new projects and jobs.
From a Business perspective, Nevada is highly regarded as a pro-business, low-tax environment that appeals to a wide range of business and industry. With no personal, corporate, franchise, estate, inheritance, or inventory tax, it’s no wonder that Nevada ranks #7 Most Business-Friendly Tax Climate.
Financial
- Asking Price: $795,000
- Cash Flow: $285,326
- Gross Revenue: $1,300,880
- EBITDA: N/A
- FF&E: N/A
- Inventory: $144,500
- Inventory Included: N/A
- Established: N/A
Detailed Information
- Property Owned or Leased:Own
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:N/A
- Furniture, Fixtures and Equipment:N/A
Owned. Building #1, Shop Building-30x60, 1,800 sf; Building #2-40x60, 2,400 sf; 2 Lots with buildings can be sold or leased:-1.24 Acres; -1.07 Acres.
Each of the two owners is willing to train new Buyer without pay for approximately 2-4 weeks.
Retirement
Essential Business
Buyer could increase revenues by hiring more staff to meet the existing demand, as well as utilize social media to expand customer base. Community reputation for quality and service is stellar – new buyer has a great foundation on which to build.
Additional Info
The transaction won't include inventory valued at $144,500*, which ins't included in the requested price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell companies. However, the true factor and the one they tell you might be 2 absolutely different things. For instance, they may state "I have a lot of other obligations" or "I am retiring". For numerous sellers, these reasons stand. However, for some, these might simply be excuses to attempt to hide the reality of transforming demographics, increased competition, current reduction in profits, or a variety of various other reasons. This is why it is really important that you not rely totally on a vendor's word, however instead, utilize the seller's solution together with your total due diligence. This will repaint an extra sensible picture of the business's present circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many companies finance loans with the purpose of covering points such as inventory, payroll, accounts payable, so on and so forth. Remember that occasionally this can indicate that profit margins are too small. Numerous businesses fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that must be fulfilled or might cause penalties if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do companies in the location bring in new clients? Most times, businesses have repeat consumers, which develop the core of their daily earnings. Certain factors such as new competition sprouting up around the location, road building and construction, and also personnel turn over can impact repeat customers and negatively influence future profits. One essential point to take into consideration is the location of the business. Is it in an extremely trafficked shopping center, or is it hidden from the highway? Obviously, the more individuals that see the business often, the better the opportunity to develop a returning customer base. A last thought is the general area demographics. Is the business placed in a largely populated city, or is it located on the outside border of town? Just how might the neighborhood average family earnings impact future income prospects?
