Asking Price: $189,000 Gross Revenue: $165,390Cash Flow: $89,172 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $70,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This is a growing 12 year old business that provides quality landscaping and lawn care for over 100 accounts. About 75% of the accounts are residential and 25% are commercial. Most of the accounts are repeat business and most of the new accounts are from referrals. The business is extremely busy 9 months out of the year. They also provide snow removal in the winter for commercial and residential accounts. The business currently has three employees. The two vehicles and seven mowers are well maintained. A new owner could step in and continue running this well established business.
About the Business
Number of Employees:
2 FT/1 PT
This is a home based business.
The business retains over 90% of its customers every year.
Growth & Expansion:
The current owner does limited advertising. There is potential for increased growth with increased marketing.
The seller is interested in pursuing another career option.
Will train for 6 weeks @ $0 cost. The business provides lawn maintenance and landscaping services. In the winter, snow removal is provided. Basic landscaping knowledge is helpful. The current owner will provide training.
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. See our
full Terms & Conditions.