Listing ID: 81303
Business Overview
• This is a turnkey business opportunity for a buyer with Working Capital of $300,000 included in Asking Price.
• Long Established, very profitable landscaping contracting business provides a steady cash flow and further growth potential.
• A business of this quality is hard to find with owner entering retirement.
• Excellent mix of clients.
• Experienced and qualified team in place for a complete turn-key operation.
• Room to grow – Huge Upside Potential – Could increase sales/profits by expanding and adding new products/services.
• Consistent sales/profit growth for years, exceptionally well established.
• On site Nursery
For more information including a detailed confidential opportunity summary with financial information and photos, please call Tim Canale with Sunbelt Business Brokers at (702) 829-6254 or email for a non-disclosure agreement to quickly receive the package at tcanale@sunbeltlv.com
Financial
- Asking Price: $4,500,000
- Cash Flow: $1,000,000
- Gross Revenue: $11,000,000
- EBITDA: N/A
- FF&E: $2,500,000
- Inventory: $200,000
- Inventory Included: Yes
- Established: 1997
Detailed Information
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:10,000
- Lot Size:N/A
- Total Number of Employees:200
- Furniture, Fixtures and Equipment:N/A
The Seller will provide forty (40) hours of weekly training and orderly turnover to the new owner over a period of three (3) months after the close of escrow. Additional training/consulting can be made available from the Seller, if required, for an additional fee.
Retirement
Additional Info
The venture was started in 1997, making the business 25 years old.
The transaction shall include inventory valued at $200,000, which is included in the suggested price.
The business has 200 employees and is located in a building with estimated square footage of 10,000 sq ft.
The property is leased by the company for $15,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons individuals decide to sell companies. However, the genuine factor and the one they tell you may be 2 entirely different things. As an example, they might say "I have way too many other commitments" or "I am retiring". For numerous sellers, these factors stand. However, for some, these may simply be justifications to try to conceal the reality of transforming demographics, increased competition, recent decrease in earnings, or a variety of various other reasons. This is why it is extremely important that you not count absolutely on a seller's word, but instead, use the seller's response together with your general due diligence. This will paint an extra sensible picture of the business's current circumstance.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many companies take out loans in order to cover points such as stock, payroll, accounts payable, and so on. Bear in mind that occasionally this can indicate that profit margins are too small. Lots of companies come under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may also 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 agreements with suppliers that have to be fulfilled or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location attract new consumers? Most times, operating businesses have repeat customers, which form the core of their daily earnings. Certain factors such as new competitors growing up around the location, road building, and also employee turnover can influence repeat clients as well as adversely influence future profits. One vital thing 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 people that see the business on a regular basis, the greater the possibility to develop a returning customer base. A last idea is the general location demographics. Is the business placed in a largely populated city, or is it situated on the outskirts of town? Just how might the neighborhood typical home earnings effect future earnings prospects?