Listing ID: 82756

Business Overview

Excellent, well-established lawn care and snow removal business. The company has been around over 20 years and it has a great reputation with all of its customers. The business comes with a complete line of equipment and vehicles necessary to provide everything needed for a new buyer. This opportunity would make a great add-on or it would be perfect for someone wanting to get into the industry. Don’t miss your chance to own this great business.

Financial

  • Asking Price: $345,000
  • Cash Flow: $103,162
  • Gross Revenue: $229,607
  • EBITDA: N/A
  • FF&E: $151,000
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1998

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:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Home Based

Is Support & Training Included:

Training available

Purpose For Selling:

Other interests

Pros and Cons:

Business has been around over 20 years, so it has a great reputation with customers giving it an advantage over the competition.

Opportunities and Growth:

The business has plenty of equipment so growth and expansion would be available to a new owner.

Home Based:

This Business Is Home Based

Additional Info

The venture was founded in 1998, making the business 24 years old.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people decide to sell operating businesses. However, the true factor vs the one they say to you may be 2 entirely different things. As an example, they may say "I have way too many other obligations" or "I am retiring". For many sellers, these factors are valid. But also, for some, these may simply be reasons to try to hide the reality of changing demographics, increased competition, recent decrease in earnings, or a range of other reasons. This is why it is really crucial that you not count absolutely on a vendor's word, but rather, use the seller's response in conjunction with your general due diligence. This will paint an extra reasonable picture of the business's existing scenario.

Existing Debts and Future Obligations

If the current company is in debt, which numerous businesses are, then you will need to consider this when valuating/preparing your offer. Many operating businesses borrow money in order to cover things such as stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can mean that earnings margins are too tight. Many organisations come under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on equipment or the structure where the business resides. The business might have existing agreements with vendors that need to be satisfied or may lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location draw in brand-new customers? Often times, companies have repeat clients, which develop the core of their daily revenues. Certain factors such as new competitors sprouting up around the location, roadway building, and employee turnover can affect repeat consumers and also negatively influence future earnings. One important thing to take into consideration is the area of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the possibility to construct a returning client base. A final idea is the basic location demographics. Is the business placed in a densely populated city, or is it situated on the outside border of town? How might the regional typical house earnings influence future earnings potential?