Price: $325,000
Location: Ocean County, New Jersey
Industry: Services
Listing ID: svs515
Owner is retiring from this highly profitable Landscaping franchise company located in central New Jersey with a 2024 projected gross income of $813,614 and a yearly net income of $145,294. The company 2022 income was $677,135 with a net income of $103,855 to the owner operator. The 2024 gross income has increased. This organization is represented as a highly successful National franchise company with operations in various US states. All of the company’s customer relationships are based on yearly contracts which guarantee future income. They are the largest growing franchise in the $99 billion dollar landscaping industry, with locations from coast to coast, and they combine local service with national resources. This is a dependable safe business opportunity and based on the asking price, available financing, this business expects to supply a consistent return on investment to the owner operator. As an investor in a franchise, you enjoy the freedom of owning your own business with irreplaceable support from an experienced network of professionals, resulting in the best of both worlds. The franchisee enjoys great flexibility by setting their own work schedules and delegating most tasks to trained employees as they see fit. Owning a commercial landscaping business utilizes a variety of skills, which is why this franchise is an ideal fit for people with diverse backgrounds and experiences. Being part of the network has other advantages, such as a dedicated franchise advisor who is assigned to help you reach your business goals from day one. Or the purchasing power of a national company when it comes to buying supplies and equipment. This training, combined with the franchise’s continued support, has set hundreds of franchisees on the path to a strong future in the commercial landscaping industry.
Listing Details
Revenue: $813,614
Cash Flow: $115,000
FFE: $220,000 (Included in Price)
Inventory: $1,200 (Included in Price)
Franchise?: Yes
Form of Ownership:
C Corp
Franchise Information:
National Franchise
Terms and Conditions?:
To be supplied
Reason For Sale:
The purpose of this business transaction is due to the owner retirement.
Training & Support:
Training and owner support, the owner is fully prepared to remain post-closing, and will supply an appropriate transitional period to purchaser, also franchise training is required prior to closing.
Operation
Year Established: 2010
Days & Hours of Operation: Days Hours of operation; this business is active five and ½ days per week, with hours from 7:00 am to 5:30 pm.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll; this lawn service company consist of seven to nine employees based on the season, 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 approximately $24,000.
Location
Security on Lease: Two Months
Lease Option: Yes, Available
Monthly Rent: 1,200
Type of Location: Industrial Complex
Square Footage: 1,200
Relocatable?: Yes
Facilities Information:
This business opportunity is in central New Jersey, Ocean County conveniently located in a commercial setting near to various county road for operation convenience. This business facility consists of approximately 1,200 square feet with a modern, and professional appearance.
Summary
Historical Summary:
This is a twelve-year-old full-service Landscaping Company
Owner Qualifications:
For Qualifications purposes; this business opportunity does not require any specific government licensing approval to purchase or operate other than the standard required municipal licenses and franchise approval.
Competition:
Regarding competition, to the best of our knowledge, no other new competitors are expected near to this business. Additionally, the owner has agreed to supply an appropriate non-compete agreement to the purchaser.
Potential Growth:
Regarding growth and expansion, this service company can be further developed by improving the local advertising. Additionally, the company has a limited non-optimized web site and if adjusted can further develop the business yearly gross sales.
Financing/Terms:
Also, SBA bank financing is available for this transaction and seller financing would consider financing to a qualified buyer with an appropriate down payment, collateral, and credit rating.
