Location: | Oakland County |
Business Price: | $35,000 |
Down Payment: | CASH |
Monthly Payment: | N/A |
Interest Rate: | N/A |
Amortization Period: | N/A |
Gross Sales: | $127,173 |
Source: | 2019 Tax Return |
Cash Flow: | $25,934 |
File Number: | C2606 |
Location: | Oakland County |
Business Price: | $35,000 |
Down Payment: | CASH |
Monthly Payment: | N/A |
Interest Rate: | N/A |
Amortization Period: | N/A |
Gross Sales: | $127,173 |
Source: | 2019 Tax Return |
Cash Flow: | $25,934 |
File Number: | C2606 |
Profile
This is an excellent opportunity to own a long established landscaping and snow removal company. The services offered by the company are lawn cutting, lawn fertilizing, gardening, yard clean-up, trimming shrubs, landscape planting, snow removal and salting. They service around 150 customers a year and 85% of them are long-term commercial contracts and the remaining are one-time customers. The long-term commercial customers are contractual and renewed annually. The current owner will assist in transitioning all the customer relationships.
The business has an excellent reputation among management companies which generates a lot of referrals for the business. 80% of the current customers are located in Detroit and are mostly big box stores and large commercial accounts and the remaining 20% of the customers are located in the surrounding suburbs. The owner does not do any marketing and most of his business is generated through word-of-mouth. The sale includes all the equipment necessary to continue operations. The owner runs the business with 5 full-time and 3 part-time employees. The reason for sale is retirement. There is tremendous room for growth for a motivated owner-operator.