Business for Sale Overview:
This irrigation business opportunity has a strong reputation in the southeast Florida area among the construction companies. This irrigation services business generated $1.5M in sales during the height of the economy, but due to the currently weak economy and near-stand-still construction and real estate market, sales are currently averaging $225,000 per year.
This is a great time to acquire this business for pennies on the dollar from what is was worth a few years ago. Economists predict that the economy will begin to bounce back sometime in 2010 and the long relationships that this company has will blossom again certainly exceeding $500,000 per year in 2010-2011. The business is priced at its current production rates. The seller has other business investments, for which he must redirect his time, but would commit to maintaining the licensee requirements along with long-term consultation for any buyer to ensure a continued success with the business.
Currently, the business subcontracts 3-4 technicians out about 2-3 days per week generating an average of $20,000 per month, which includes one supervisor with the company for 16 years. The seller is including (3) late model irrigation trucks, (2) Ditch Witches, (1) trailer and all applicable tools/equipment on each truck. The vehicles and assets included in the sale are stored in an office/warehouse (2,395 square feet) in Miami-Lakes, owned by the seller, who is willing to sell or lease ($2,500 per month) the space at the buyer’s choice.
This is a buyer’s market with a ground floor opportunity to jump into the irrigation industry which will become an ongoing concern as the Florida long-term drought conditions and water restrictions continue to effect the Florida landscape for years to come.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Asking price includes Fixtures, Furniture & Equipment valued at $50,000.
Reason for Selling:
Seller has other business obligations.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.