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Georgia Business For Sale

 

LANDSCAPING


Attn: Peter Antoniades
Cumming, GA, USA
Listing Number: "3448/PA"
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Asking Price: $2,100,000 USD USA Dollars
Business for Sale Industry: Services: Maintenance, Landscaping
Reason for Selling: commuting to ATL from FL weekly
Year Established: 1985
# of Employees: 36
Yearly Revenues: $2,338,782
Yearly Net Profit: $297,013



Business for Sale Overview:
Well run, well established 22 year old business with revenues averaging $3MM+ per year with impressive Sellers Discretionary Earnings (SDE) of $480K+ for 2005 and has averaged $500K+ since 2002! Current intrims to end May '07 show a SDE of $289K+ which translates into $650K+ annualized! Contracts in hand currently come in at $4.5MM+! This company has been absentee run, for many years! However, in 2005/6, sales seemed soft, so owner took over the business in April '06, restructured the company, and subsequently, sales were stabilized and the streamlining initiatives lead to a reversal of the soft sales! These are now well on their way to achieving the 5 year average! However, due to the restructuring and special circumstances, a new company was formed to operate the business. This will be explained in detail to any prospective purchaser at the first meeting with the owner. The company has reliable, qualified, long term staff, who will be happy to stay with the new owners. Definitely a plus these days! All machinery and equipment is well maintained by an on site mechanic. An energetic, sales orientated new owner should maintain sales with current customers and increase the business by agressively adding more maintenance contracts! All the elements are in place for the lucky purchaser: a great reputation, lucrative signed contracts and many new potential jobs being bid on! Current owner will stay on (by negotiation) for an extended period of between 6-9 months, to ensure a smooth transition and acquaint new owner with all aspects of this exciting opportunity. A great opportunity for the right buyer! Owner is extremely motivated, tired of traveling between Florida (where his family resides) and Atlanta. To encourage a quick sale, the seller is willing to assist in financing of a qualified buyer, together with SBA or bank financing!

Property Features and Assets:
7000 sq ft @ $3,500 per month through 8/1/2010 with additional terms to be negotiated - property is not included in the purchase price



Additional Details:
  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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