Owner Financing is Available!
Business Overview:
*Previous Revenue over $7.5 million *Previous Earnings over $900k.
Company has 3 divisions that are self supporting operations. Division 1 is a Tree Removal Service primarily serving Northern VA with equipment & manpower to serve MD & DC in both the Residential and Commercial Markets. The biggest growth opportunity is expanding areas of operation and Government work. The Tree Removal Division is operated from the Corp Office located in the Fairfax/Loudon Area. The Tree Removal Division previously performed $3-$4 million in revenue, it currently performs approximately $2.2million in revenue at 50% utilization. At 100% utilization it can perform revenues between $5-$6 million with very modest margins. The loss of revenue over the past couple years is attributed to the economy & the lack of the owners involvement in running the day to day operations while he was interested in other business opportunities.
Division 2 is a 7 year old Wood Recycling/Mulching Operation that is a self sustaining operation located on 89 acres of property just 45 minutes from HQ. The Mulching Division's Previous Gross Operations was $1.5-2million with Potential to do $2-5million Currently the operation is at 10% utilization performing approximately $250,000 in gross earnings. This is due to the lack of the current owners time to run the division to its potential or find a manager to oversee the simple operations.
Division 3 Provides Excavation and Land Clearing services which was previously performing revenues between $500k-$1million. The Excavating Equipment has barely been utilized over the past couple of years due to the lack of land clearing and developing, but work is coming back around and is ready to be bid. This division is self supporting or can be added to either of the other 2 divisions.
The Company is offered for sale as a whole or in its respective divisions. Real Estate can be negotiated into the deal or leased at very reasonable terms.
For more information contact Dustin Zeher at 571-437-5135 or via email at dustin@horizonbrokers.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The Corporate Office/Tree Service Division operates from a commercial warehouse with approx 4,500 sq. ft. to be sold or leased ($4,200/month plus triple net). It is conveniently located just minutes to major routes providing quick & efficient service. The mulching division operates on land 45 minutes from the Corporate Office, which can be sold or leased ($4,000/month). The company also rents a sub yard where equipment is stored & by products are dropped before they are transported to the Mulching Division. The sub yard is leased for approx $1,200/month.
Support/Training: The seller wants to see the company grow to the next level and will stay on board thru transition. At least 2 months of support and training will be included in the sale with additional training and support to be negotiated..
Market Competition and Expansion:
Competition: This Company has been in business over 20 years serving the Northern VA. Currently the company is licensed to work in VA, MD & DC but does not have a huge market presence in DC & MD which can easily be gained and maintained. The owner has currently increased the marketing budget in those areas to gain market share and put his equipment to use. There is only 1 major competitor that has similar equipment and has close to the infrastructure. Other companies in the area just don{t have the equipment, infrastructure, or the manpower to compete.
Growth/Expansion: This company has a great reputation, crew, centralized location & equipment allowing it to reach its previous Earnings over $7.5mil almost overnight with extraordinary potential for growth. There is a tremendous upside as the Tree Service Division only utilized 50% of its assets last year. Utilizing all of the assets it will allow the Tree Removal Division to perform another $3mil itself. The company is going to have 0 Debt in the upcoming months, which will add to the bottom line or have the ability to fund additional growth.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: