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Business For Sale

COMMERCIAL TREE TRIMMING AND REMOVAL SERVICE

Attn: Mike Hall
Not Disclosed, NC, USA
Listing #: 53843390
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Asking Price: $1,200,000 USD USA Dollars
Business for Sale Industry: Services: Business and Office  
Reason for Selling: Owner is leaving to focus on other businesses out
Year Established: 1997
Yearly Revenues: $1,034,657
Yearly Cash Flow: $362,406
 

Business for Sale Overview:

This is an 11 year old, well-established absentee owner business with a reputation for quality work and a good cash flow. The core business is trimming and removing trees from around power lines; a service that is in constant demand. The company operates in North and South Carolina and services smaller and often-rural power companies. The customer base is well established and loyal. Barrier to entry is high due to equipment costs and customer loyalty. Competition is minimal in this segment of the market. This is a business that is dependent on good equipment (and the right equipment) to get the job done. The company owns a variety of equipment in good working order including several bucket trucks, mechanical tree trimmers, wood chippers, pickup trucks, utility and fuel trailers, and numerous saws, compressors, etc. The new owner should not have to make additional equipment purchases in the near future after taking over this business. The owner of the company has lived out of state for 3 years but is able to run the business absentee because of the corporate structure in place and a competent general manager and employees. Our feeling, and that of the owner, is that a new "hands on" owner will be able to increase the customer base significantly and grow the business to its potential.


Market Competition and Expansion:

There is relatively little competition since the barrier to entry is high in this business. This places the company in an excellent position. Excellent growth potential with a “hands on” owner focus. Company is well positioned with good equipment and a work force capable of handling much more business.


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