Listing ID: 83662
THIS BUSINESS IS CORONA PROOF! In fact, when many are out of work they just hired two new employees. SEIZE THIS OPPORTUNITY! Profitable landscaping and snow removal company for sale. Turn-key operation, current owner only operates behind the scene and does not physically do any of the work himself. 3 employees (one that has supervised and run the crews for over 15 years) will remain. You can acquire over $100,000 in vehicles and equipment (including tow pickup trucks, a New Holland tractor, plows, etc.). Owner financing possible. You acquire the entire client database and contracts that have generated over $450,000 in sales annually. BONUS:You may be given the first right of refusal to purchase a million dollar tree business in just a couple of years.
- Asking Price: $220,000
- Cash Flow: N/A
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: $103,000
- Inventory Included: Yes
- Established: N/A
- 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
Owner running different business
Demographics of this business' location is perfect for landscaping. Home value is high and household income is high.
Lawncare business that could easily be scaled up by hiring more workers, acquiring more clients, purchasing more mowers/equipment, or even by expanding area of operation.
This Business Is Home Based
The transaction will include inventory valued at $103,000, which is included in the suggested price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals choose to sell businesses. Nonetheless, the true factor and the one they tell you may be 2 totally different things. As an example, they might say "I have a lot of other commitments" or "I am retiring". For many sellers, these factors are valid. But also, for some, these might simply be justifications to attempt to hide the reality of changing demographics, increased competitors, current reduction in revenues, or an array of various other reasons. This is why it is really vital that you not count completely on a vendor's word, yet instead, use the seller's response in conjunction with your overall due diligence. This will repaint a more realistic picture of the business's present circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which lots of businesses are, then you will need to consider this when valuating/preparing your deal. Many operating businesses take out loans so as to cover points like stock, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that earnings margins are too thin. Many businesses come under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future obligations to take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with suppliers that have to be met or may cause fines if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location draw in brand-new clients? Many times, operating businesses have repeat clients, which develop the core of their day-to-day profits. Specific variables such as brand-new competitors sprouting up around the area, roadway construction, and also staff turn over can affect repeat consumers and adversely affect future revenues. One vital point to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the higher the possibility to construct a returning customer base. A last idea is the basic area demographics. Is the business situated in a densely inhabited city, or is it situated on the outside border of town? Just how might the regional typical family income effect future earnings prospects?