Fine Care & Maintenance for Lawn & Garden
FinancialsAsking Price of business :$485,000
Included In Asking Price :Furniture, Fixtures & Equipment $100,000
Annual Sales :$665,000 Cash Flow :$245,000
This highly profitable outdoor maintenance business is located in the desirable Seacoast New Hampshire area. The company provides year-round services to residential customers, many of whom are owners of large properties / estates. With over 30 years of operations, this business is well-established with its customers and has a superior reputation for its service level and attention to detail. The company has a stable, experienced team of employees that have the knowledge and skills required to provide customers with beautiful exterior grounds they can be proud of. The company has multiple avenues for future growth, and has the resources and customer base to facilitate such expansion.
General InformationYear Established :1986
Employees :8 FT
Facilities :The business leases space, consisting of a garage with a bathroom and small office, totaling 1,250 sq. ft. The location has ample parking for all of the business’s equipment and for the employees, who generally meet there at the beginning and end of their workday. The lease is reasonably priced and has remaining availability under its current term, as well as remaining leaseholder options. The lease is transferable.
Business Location :NH Seacoast
Competition & Market :
Substantial net margins, a significant percentage of revenue from recurring / repeat customer, and a sizable average revenue per customer all provide a profitable and stable customer base upon which to expand market share and product offerings. Most competitors operating within this business’s space are small, 2-3 employees with limited capabilities and capacity. An owner interested in a more aggressive approach to growth will find fertile ground.
Growth & Expansion :
Growth opportunities abound. The business’s customer base is largely located within a compact, 20 mile area, and it and the surrounding area has few large service providers. The company’s current customer base is stable, and would likely utilize additional, similar services if offered. There are a number of closely related services the business could provide, and has successfully in the past, to increase revenue, market share and share of current customers’ spending. The business has focused on the residential market segment, but its services are equally necessary, and less often handled by the owner, for commercial properties.
About the SaleFinancing :
Anticipated Seller $50,000. Anticipated Bank TBD. Down Payment TBD. Working Capital Needed $100,000Support/Training : The seller will provide transitional training to a new owner.
Reason for Sale : Seller desires to spend more time pursuing other opportunities.
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