Lawn Maintenance Service Business for Sale for Below Market Price!
Lawn Maintenance Service Business for Sale for Below Market Price!
This highly profitable business and long established business services high end residential customers (no commercial accounts) on the north Shore of Long Island, primarily providing lawn maintenance and plantings. Areas served include: Great Neck, Manhasset, Roslyn, Roslyn Harbor, Kings Park, Lloyd Harbor, Old Westbury, Brookville, Old Brookville and Oyster Bay. The business has licenses to operate in each of these towns. The business normally services about 100 accounts a year and has contracts with about 60. The business invoices homeowners monthly and is paid mostly by check. In addition to the two owners, the firm employs 8 workers. In addition to the lawn maintenance services in the spring, summer and fall months, the company provides snow cleaning services in the winter months. While we considered bank (SBA) financing and presented that the deal could be eligible for $800K in financing, the owners have reached retirement age and asked us to price the business for a quick, all cash sale. The business can be acquired as a debt free, asset sale for $400,000. While we normally assist buyers in arranging financing, the buyer will have to arrange his own financing (personal funds, HELOC, etc.) to complete the transaction. The sellers are concerned that an SBA financed deal will take several months and they are not willing to support a buyer in this financing option.
Retirement
Two trucks and all the equipment needed to operate a lawn maintenance business.
Sellers will remain for three weeks to transition the business.
Marketing is presently by word of mouth. The business does not have a website and has no advertising budget. While there are a number of local competitors there is opportunity for expansion.
A more aggressive operator could build on the busineses reputation to expand into additional neighboring towns.
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Lawn Maintenance Service Business for Sale for Below Market Price!
This highly profitable business and long established business services high end residential customers (no commercial accounts) on the north Shore of Long Island, primarily providing lawn maintenance and plantings. Areas served include: Great Neck, Manhasset, Roslyn, Roslyn Harbor, Kings Park, Lloyd Harbor, Old Westbury, Brookville, Old Brookville and Oyster Bay. The business has licenses to operate in each of these towns. The business normally services about 100 accounts a year and has contracts with about 60. The business invoices homeowners monthly and is paid mostly by check. In addition to the two owners, the firm employs 8 workers. In addition to the lawn maintenance services in the spring, summer and fall months, the company provides snow cleaning services in the winter months. While we considered bank (SBA) financing and presented that the deal could be eligible for $800K in financing, the owners have reached retirement age and asked us to price the business for a quick, all cash sale. The business can be acquired as a debt free, asset sale for $400,000. While we normally assist buyers in arranging financing, the buyer will have to arrange his own financing (personal funds, HELOC, etc.) to complete the transaction. The sellers are concerned that an SBA financed deal will take several months and they are not willing to support a buyer in this financing option.
Retirement
Two trucks and all the equipment needed to operate a lawn maintenance business.
Sellers will remain for three weeks to transition the business.
Marketing is presently by word of mouth. The business does not have a website and has no advertising budget. While there are a number of local competitors there is opportunity for expansion.
A more aggressive operator could build on the busineses reputation to expand into additional neighboring towns.
"*" indicates required fields
This highly profitable business and long established business services high end residential customers (no commercial accounts) on the north Shore of Long Island, primarily providing lawn maintenance and plantings. Areas served include: Great Neck, Manhasset, Roslyn, Roslyn Harbor, Kings Park, Lloyd Harbor, Old Westbury, Brookville, Old Brookville and Oyster Bay. The business has licenses to operate in each of these towns. The business normally services about 100 accounts a year and has contracts with about 60. The business invoices homeowners monthly and is paid mostly by check. In addition to the two owners, the firm employs 8 workers. In addition to the lawn maintenance services in the spring, summer and fall months, the company provides snow cleaning services in the winter months. While we considered bank (SBA) financing and presented that the deal could be eligible for $800K in financing, the owners have reached retirement age and asked us to price the business for a quick, all cash sale. The business can be acquired as a debt free, asset sale for $400,000. While we normally assist buyers in arranging financing, the buyer will have to arrange his own financing (personal funds, HELOC, etc.) to complete the transaction. The sellers are concerned that an SBA financed deal will take several months and they are not willing to support a buyer in this financing option.
Retirement
Two trucks and all the equipment needed to operate a lawn maintenance business.
Sellers will remain for three weeks to transition the business.
Marketing is presently by word of mouth. The business does not have a website and has no advertising budget. While there are a number of local competitors there is opportunity for expansion.
A more aggressive operator could build on the busineses reputation to expand into additional neighboring towns.