Business Overview

This highly profitable landscaping and snowplowing business has experienced astronomical growth and earned an impeccable reputation. Customers rave about the team’s outstanding customer service, top-notch results, fair prices, and quick response time.

The new owner(s) will benefit from the following business strengths:
* Established, seasoned team – The business currently has a skilled manager who could continue managing the business for the distant future. There are also several operators who have been with the business for multiple years and are very independent. All of our workers are excellent with people.
* Stellar reputation – The business has serviced thousands of customers and has only received positive reviews.
* Substantial contracts/customer base – The business currently has several large commercial contracts and an immense amount of repeat business.

Financial

  • Asking Price: $200,000
  • Cash Flow: $61,154
  • Gross Revenue: $372,953
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: N/A

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:4
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

The current owner wants the business to be a success for the new owner(s), its employees, and its customers. As such, they are willing to assist in the training and transition of the business.

Purpose For Selling:

The owner is moving on to other business opportunities in a new location.

Pros and Cons:

This business dominates a niche market.

Opportunities and Growth:

The current owner recommends expanding commercial contracts.

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals choose to sell companies. However, the real factor vs the one they tell you may be 2 totally different things. As an example, they may say "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons are valid. But, for some, these might just be excuses to attempt to conceal the reality of changing demographics, increased competitors, current reduction in revenues, or a variety of other factors. This is why it is really essential that you not depend absolutely on a vendor's word, however rather, make use of the seller's response in conjunction with your general due diligence. This will paint a more practical image of the business's current circumstance.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your deal. Many businesses take out loans with the purpose of covering items such as supplies, payroll, accounts payable, and so on. Keep in mind that in some cases this can mean that profit margins are too small. Numerous 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 obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business might have existing agreements with suppliers that should be fulfilled or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area bring in brand-new clients? Many times, companies have repeat clients, which develop the core of their day-to-day earnings. Certain elements such as new competition growing up around the location, road construction, and also employee turn over can impact repeat consumers as well as adversely affect future incomes. One essential thing to take into consideration is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Obviously, the more people that see the business on a regular basis, the higher the chance to build a returning customer base. A last thought is the basic area demographics. Is the business located in a densely inhabited city, or is it located on the edge of town? Just how might the local mean house income effect future revenue prospects?