Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
$322,000 CASH FLOW ON $1.98 MM GR. FOR $415,000!
|
Asking Price: |
$415,000
USD USA Dollars
|
|
Business for Sale Industry: |
Services: Construction, Contractors
|
|
Year Established:
|
1984 |
|
Yearly Revenues:
|
$1,978,928 |
|
Yearly Cash Flow:
|
$321,763 |
Business for Sale Overview:
Selling for just over 1X Cash Flow! (2006: $323,280 & 2007: $320,246) Owner has other business opportunities that he’d like to pursue so he wants this business sold ASAP. We are an extremely healthy, well diversified, recession-proof, service business located in Denver. When our new construction jobs slow down, remodel work goes up. We have the reputation of being Colorado’s premier upscale landscape contractor. We guarantee all of our work and stand behind it with a full warranty. Our record of client satisfaction is unparalled in the industry. The business has provided services to some 600 satisfied clients over its 24-year history and as a result 60% of our work comes from past clients or referral. We are well trusted and our long-term customers come to us over and over, year after year. We do not have any direct competitors! We do very little advertising or marketing. The Work Just Comes To Us. We have all of the equipment to provide snow removal service but the current has just not wanted to do it. This is upside for the new owner! Snow removal margins would be in excess of 65%, because we already have the equipment and the manpower to do the work. There is excellent margin work at our door that we turn down every day. The seller is preoccupied with other business opportunities, so he is not interested in taking on any of the additional work being asked of them. We collect over 97% of our receivables. The tremendous growth in Colorado provides an incredible need for our services and we directly benefit from our proximity to 3 of the top 6 fastest growing counties in the U.S. No licensing or experience needed.
Property Features and Assets:
At $100 per month the existing yard lease is way below a market lease for a space of this size especially given its proximity to the market and highways. The 1-acre yard is strategically located a couple thousand feet away from the executive offices. There are 3 major highways nearby providing for easy access to customer locations up and down Colorado’s Front Range. Additionally, one of our major suppliers is located on the same site. The current location is one of the most competitive advantages. There is plenty of room for future growth and expansion.
Market Competition and Expansion:
We do very little advertising or marketing. The Work Just Comes To Us due to our excellent reputation. We could easily go after other market segments and expand our services but the seller is more interested in other business opportunities. Growth in Colorado is unprecedented. It is widely published that Larimer, Weld, and Douglas Counties in Colorado are 3 of the top 6 fastest growing counties in the United States. For the past 30 years, Colorado has experienced explosive population growth. The business is very specialized, and we do not have any regular direct competitors in Colorado. 60% of our work comes from past clients and referral and when we do bid on work, our reputation for quality is so well known that we do not seem to run into any regular competition. It took many years to build solid, loyal relationships with our customers and in most cases they only use us and at any cost.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for 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.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.