Business Type: 
property
Business Type: 
service
Location: 
Nebraska
Price: 
$1,475,000
Sales Revenue: 
$856,540
Cash Flow: 
$440,255
Realestate Included: 
No
Employees: 
7
Internal Listing:: 
SER001
Reason for Sale: 
Auto Accident

Established in 1984, this company serves 450 weekly accounts. Services provided include mowing, landscaping, snow removal, tree trimming and sprinkler repair. Many accounts are commercial clients, which include subdivision and HOA. Owner works 6-8 hours per week bidding new projects, with little oversight needed for these long-term employees. The staff of 3 fulltime mowers, 3 full time landscapers and 1 part time Office Administrator has long tenure.

Low overhead of $300/month for storage units. Current profit margins are 51% with an increase in Gross Sales and Cash Flow of over 20% from 2013 to 2014. The current Owner has chosen not to take on many additional clients at this time, but a Buyer could elect to increase the client base and increase the sales. Seller was in a car accident which is the reason for the sale. He will train a new Owner for 120 days and is willing to stay on as a consultant post transition if desired.

Based on the Funding Example above and with 2015 Cash Flow of $440,255, a Buyer could realize a $214,179 Net Operating Income after annual debt service payments and all expenses.

With the 2015 Cash Flow of $440,255, a Buyer could realize a $214,179 Net Operating Income after annual debt service payments and all expenses and a 96% Return on investment on the $223,500 down payment of 15% in the first year of operation.

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