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Broker Name:Ronald Cervelli
Broker Email:contactus@regalconsultants.com
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Landscaping & Construction Co.
(Services, Landscaping and Construction )
Ocean County , NJ
Listed Price: $ 395,000
Listing ID: SVS366

Listing DetailsGross Revenue: $ 364,000
Cash Flow: $ 160,000
FFE: $ 170,000 (Included in Price)
Inventory: $ 1,500 (Included in Price)
Reason for Sale:

The sale purpose is due to the owner’s retirement and relocation.


Training & Support:

The owner will remain post-closing and is prepared to supply an appropriate transitional period to the new owner / operator. Also, if required the seller may be available to supply additional training, at a fair cost to the purchaser.


OperationsYear Established: 1983
Days & Hours of Operation: Mon.-Sat. 8am-5pm
Non-owner Payroll: $ 5,400
Employees: 4-10
Absentee Owner: No
LocationLease Expire: 0000-00-00
Lease Security: 1200
Monthly Rent: $ 1,200
Square Footage: 1200
Facilities:

This opportunity is in Southern New Jersey, Ocean County, with a substantial population with continued demand for this industry. The facility consists of a 1,200 square foot office plus indoor storage and an outdoor parking area.


SummaryBusiness Description:

This highly profitable landscaping and construction company has been providing award-winning landscaping, design and building services to various southern New Jersey counties for the past thirty-five years. The company has grown over the past three decades to a popular successful service business. During the many years they continue to be in demand for thoughtful landscape planning and the expectation of spectacular landscape installations. The company income is based on 60% construction which represents landscape elements such as walkways, driveways patios and all outdoor work required by a business or homeowner. Additionally, 20% of the income is from snow removal and 20% general landscaping. During the winter months, the company supplies snow removal to various hospitals and medical institutions which is based on contract agreements. The quality designs and installations of this company is of the highest quality and has been exceeding expectations for many years. This successful construction & landscaping company based on the season has four to ten full / part time employees who are unaware of the pending sale. The payroll is based on an hourly basis, the staff is fully expected to remain post-closing, and the monthly payroll expense is averaging approximately $5,400. This business opportunity has an existing lease which expires 2019 plus additional options, in a 1,200 square foot facility plus out door parking, monthly rent is $1,200, cost per square foot is $12.00 and rent security is $1,200. This landscaping & construction company’s fixed assets has an estimated value of approximately $170,000 which is based on equipment and licensing replacement cost. This transaction consists of various equipment’s, which includes, required licenses, accounting system, computers, software, various vehicles, including all the necessary equipment to maintain the day to day business operation and a list of assets will be supplied to purchaser upon request. This successful business operation is active five to six days per week, based on the season, with hours from 8:00 am to 5:00 pm. The sale includes all required documentation including a certificate of occupancy from the local municipality and the required state or city licenses to conduct its day to day business. The business has been valued / priced at $395,000 which is based on a multiple of the net yearly income and includes the value of the specific business assets. Also, possible seller financing has been conditionally approved to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable safe business opportunity and based on the asking price, required down payment and yearly net income, this business expects to supply a consistent return on investment to the owner operator. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and the photo does Not represent this particular business opportunity.


Competition:

Regarding competition, there are existing competitors, however this company has a well-known reputation which will maintain continued good will to the purchaser. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.


Potential Growth:

The business can be further expanded by the new operator, with a web site, improved marketing and an advertising plan, which would further develop the business yearly gross sales.


Financing/Terms:

Is available to a qualified buyer with an appropriate down payment.