Business Overview

The owner is selling a great opportunity to be your own boss and continue to grow this landscape business. Currently has 130 accounts and grows to about 160 accounts in the summer. Focuses on Cut. Trim and Edge make extra on clean-up and a few other services. Includes a work truck, trailer, and fully equipped. The business has a crew of 2 experienced employees.

Financial

  • Asking Price: $110,000
  • Cash Flow: $83,210
  • Gross Revenue: $174,700
  • EBITDA: N/A
  • FF&E: $25,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2008

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:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Chevy Silverado 2500, trailer, riding mower, push mower, edger, blower, and much more.

Is Support & Training Included:

14 days

Purpose For Selling:

ask seller

Additional Info

The company was established in 2008, making the business 14 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals resolve to sell businesses. Nevertheless, the real reason vs the one they tell you might be 2 totally different things. For instance, they may say "I have too many various commitments" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be reasons to attempt to conceal the reality of changing demographics, increased competition, recent decrease in profits, or a variety of other reasons. This is why it is really essential that you not count absolutely on a vendor's word, however instead, utilize the seller's answer along with your general due diligence. This will paint a more reasonable image of the business's present scenario.

Existing Debts and Future Obligations

If the existing entity is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Many businesses finance loans with the purpose of covering items like inventory, payroll, accounts payable, etc. Remember that occasionally this can indicate that revenue margins are too thin. Many 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 think about. There may be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that must be satisfied or may cause fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do companies in the area draw in new clients? Often times, businesses have repeat consumers, which create the core of their daily revenues. Particular elements such as new competition sprouting up around the area, roadway construction, and also employee turnover can influence repeat consumers as well as adversely impact future incomes. One vital thing to take into consideration is the location of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Obviously, the more people that see the business regularly, the higher the possibility to develop a returning customer base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the edge of town? Just how might the local mean household income influence future earnings potential?