Business Overview

Amazing opportunity to purchase a 30+ year old landscaping company with a large retail nursery and storefront. Real estate is also available to purchase for an additional $250k. Purchasing the real estate, will allow you to extend the terms of the loan out a bit, freeing up more cash flow.

This company has a great reputation in the area, and is well known for quality. They are consistently booked out each year, and roll over work into the following year. Enjoy the winters off, or add snow plowing to your services!

Longterm, tenured employees return after each winter break to service their many commercial and residential customers. They do not do mowing however, they have many re-occurring spring and fall cleanups as well as monthly contractual cleanups for commercial properties. Hardscapes, softscapes, mulching, planting and other outdoor projects keep them busy.

Owner currently does sales, design work, and oversees the crew supervisors. He is willing to ensure a succesful transition.

Sales are consistently strong and profitable.

Financial

  • Asking Price: $499,000
  • Cash Flow: $277,000
  • Gross Revenue: $1,215,700
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $75,000
  • Inventory Included: N/A
  • Established: 1987

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:N/A
  • Building Square Footage:6,300
  • Lot Size:N/A
  • Total Number of Employees:19
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Beautiful 7.5 acres with a park like setting on a busy state highway. Great Exposure

Is Support & Training Included:

Owner will ensure a successful transition.

Purpose For Selling:

Retirement

Pros and Cons:

There are no competitors of this size. Excellent reputation for quality.

Opportunities and Growth:

Owner could add snow/ice control, mowing, tree trimming. Outdoor kitchens are a big thing now.

Additional Info

The venture was started in 1987, making the business 35 years old.
The deal shall not include inventory valued at $75,000*, which ins't included in the suggested price.

The company has 19 employees and is situated in a building with approx. square footage of 6,300 sq ft.

Why is the Current Owner Selling The Business?

There are all types of reasons individuals choose to sell companies. Nonetheless, the real reason and the one they say to you might be 2 absolutely different things. As an example, they might state "I have too many various responsibilities" or "I am retiring". For lots of sellers, these factors stand. But, for some, these might simply be excuses to try to conceal the reality of transforming demographics, increased competition, current decrease in earnings, or a range of other factors. This is why it is very important that you not rely totally on a vendor's word, yet instead, make use of the vendor's solution together with your general due diligence. This will repaint an extra reasonable image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your offer. Lots of operating businesses borrow money in order to cover things such as stock, payroll, accounts payable, so on and so forth. Keep in mind that in some cases this can indicate that revenue margins are too small. Numerous organisations come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may likewise 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 should be satisfied or may cause fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do operating businesses in the location draw in brand-new clients? Many times, businesses have repeat consumers, which develop the core of their day-to-day revenues. Certain aspects such as brand-new competition sprouting up around the location, road construction, as well as employee turn over can affect repeat customers and also adversely affect future earnings. One vital point to think about is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the opportunity to build a returning customer base. A last thought is the general location demographics. Is the business located in a largely inhabited city, or is it situated on the outside border of town? How might the neighborhood mean family earnings influence future earnings prospects?