Listing ID: 82263
Lawn care, landscape design, water gardens, snow removal, irrigation and tree planting.
This landscaping and lawncare business is full-service.
Established for over 40 years.
2M+ sales and cash flow positive.
- Asking Price: $1,650,000
- Cash Flow: $432,612
- Gross Revenue: $2,039,791
- EBITDA: $432,612
- FF&E: $400,000
- Inventory: $50,000
- Inventory Included: Yes
- Established: 1992
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:250
- Lot Size:N/A
- Total Number of Employees:24
- Furniture, Fixtures and Equipment:N/A
Operated out of a yard in Central Iowa.
Negotiable. If desired...owner will continue to work for a negotiated time frame.
Established for over 40 years. Great reputation.
The company was established in 1992, making the business 30 years old.
The sale does include inventory valued at $50,000, which is included in the requested price.
The business has 24 employees and is located in a building with approx. square footage of 250 sq ft.
The building is leased by the business for $1,900 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nevertheless, the genuine factor vs the one they say to you may be 2 totally different things. For instance, they may claim "I have way too many various obligations" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may simply be reasons to try to hide the reality of changing demographics, increased competition, recent decrease in profits, or a range of other reasons. This is why it is extremely vital that you not depend completely on a vendor's word, however instead, make use of the vendor's response in conjunction with your general due diligence. This will paint a more practical picture of the business's existing situation.
Existing Debts and Future Obligations
If the current entity is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Numerous businesses borrow money so as to cover points like inventory, payroll, accounts payable, and so on. Keep in mind that sometimes this can indicate that earnings margins are too tight. Lots of organisations fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that should be satisfied or may result in fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area draw in brand-new consumers? Many times, operating businesses have repeat customers, which form the core of their everyday profits. Certain elements such as new competitors growing up around the area, roadway building and construction, and personnel turn over can impact repeat clients as well as adversely influence future earnings. One vital point to take into consideration is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business often, the better the opportunity to build a returning client base. A last thought is the basic location demographics. Is the business situated in a densely inhabited city, or is it situated on the edge of town? Exactly how might the local typical family income impact future income potential?