Very profitable Irrigation company with significant growth potential
| Asking Price: | $550,000 | Inventory: | $10,000 ++ |
| Gross Revenue: | $303,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | $179,885 (comments below) | FF&E: | $83,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Does not include cash and trade transactions | |||
| Cash Flow Comments: does not include cash and trade transactions | |||
This is a Southern Maine Irrigation Company that is poised for growth. The company has one of the most recognizable names in the Southern Maine Irrigation market, and benefits from sharing a name and an affiliation with a larger Irrigation company located just a few miles away. Currently showing strong sales numbers and a very appealing discretionary cash flow number, the opportunity to grow this business is significant. Currently serving mostly residential applications in a very tight geographical market, the new buyer could easily expand to include commercial applications and easily expand the territory covered. This is an excellent opportunity for someone to get in at the ground level on an excellent and profitable business.
About the Business
Year Established:1997
Employees:6 full time -
Facilities:This business has all the equipment needed to turn a great profit and grow the business. FF&E consists of a cargo van, box van and crew cab pickup in addition to a tow-behind compressor, multiple ditch witches and other various equipment.
Market Outlook and Competition:This Irrigation company is really the only game in town where they are located. Competitors are around, but not close by, and with this company's highly recognizable name and excellent reputation, it has few competition worries.
Growth opportunities are significant here. The current owner has purposely kept business growth down, but a new owner could easily expand services to the Southern New Hampshire market. Additionally they have very little presence in the commercial irrigation market in the area and could easily expand by getting into that channel.
About the Sale
Reason For Selling:Owner has other commercial property and is expanding that focus.
Seller Financing:Seller would be willing to do some financing for the right buyers
KEYWORDS: irrigation systems, commercial irrigation systems, residential irrigation systems, sprinklers, sprinkler systems, watering, lawn watering, lawncare, lawn maintenance,
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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