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Asking Price$232,000
Revenue | $399,587 |
Established | 1985 |
Cash Flow | $364,437 |
Employees | 1 full, 4 part |
FF&E | $65,000* |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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Established all season lawn and lighting servicing company with hundreds of accounts ready to grow instead of turn down more new customers. Servicing residential and commercial clients in Sarpy County Nebraska. Services range from landscaping and lawn maintenance to irrigation, fall seeding, sprinkler systems, snow removal, tilling, fertilizing, weed control and chemical aerating. For 10 years they’ve provided holiday lighting for recurring clients during 3 seasonal winter months.
Client mix consisting of 90-100 mowing, 120 fertilizing, 400 irrigation, 70 lighting; 75% residential and 25% commercial. One full time office manager with multiple crews to complete jobs. Within this industry there is high competition but for 30 years this business is still running strong. Owner is currently active in day to day operations. Word of mouth referrals and customer loyalty are their best advertising. Owner is selling due to needing to be there for aging and ill family members.
Receive a 181% return on your 10% down payment investment in year one and retain $42,129 profit after loan payment expense.
Years in Business: 30+ years
Location and Service Area: Sarpy County, Nebraska
Clients: 90-100 mowing, 120 fertilizing, 400 irrigation, 70 lighting; 75% residential and 25% commercial
Building: Shop with close by storage facilities, new owner able to work out rental agreement or relocate
Employees: Full time office manager with multiple crews
Growth Opportunities: Seasonal lighting and take on new clients
Current Owner’s Responsibilities: Active in day to day operations
Financial Overview:
Gross Sales 2014: $399,587 Mowing: $336,972 Lighting: $62,615
2013: $364,437 Mowing: $308,321 Lighting: $56,116
Owner Profit/Cash Flow 2014: $81,563 2013: $84, 218
YOY Growth/Sales Trends: 9% Growth from 2013 to 2014 Profit Margin: 20%
Multiple: 2.85
Valuation: Cash Flow x Multiple = List Price $81,563 x 2.85 = $232,454
Assets Included in Purchase: $65,000+ Equipment: Mowers, trimmers, blowers, sharpeners, aerators, spreaders, sprayers, snow plows, ditch witch, ladders, irrigation equipment, 3 trailers, 5 trucks and more all included New Equipment: 2014 purchased $18,000 brand new mower and $10,000 aerator Inventory: Working Inventory Included
*amounts may vary
Funding Example Purchase Price: $232,000 10% Buyer Down Payment: $23,200 15% Seller Financing: $34,800 75% Bank Loan: $174,000
Net Operating Income (Profit) of $42,129 after all expenses and loan payment
181% Return on Down Payment in Year 1
Facilities: | Location and Service Area: Sarpy County, Nebraska Building: Shop with close by storage facilities, new owner able to work out rental agreement or relocate |
Growth Potential: | Seasonal lighting and take on new clients |
Training/Support: | 3-6 Months |
Sale Reason: | Family Health |
Ad #77938
Seller Reference #SER018
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