Price: $495,000
Location: Passaic County, New Jersey
Industry: Services
Listing ID: SVS487
Highly profitable long standing professional tree service company located in Passaic County, New Jersey with consistent yearly gross sales and a net yearly income of $175,000 with a high percentage of reoccurring business. This company is a reputable, professional, Fully Licensed, Bonded, and Insured tree service company and well known throughout Northern NJ for quality work. The company offers the highest tree care standards for their customers with a staff of well trained, and qualified tree care professionals. They supply years of experience in the tree care business and can evaluate trees and make recommendations with full confidence. They also provide numerous services to ensure their customers trees will live a long healthy life. This industry is routinely a nine-to-ten-month operation, usually closed December January, February. This industry is not affected by the change in the economy or any future Coronavirus. They are a complete tree service landscaper, from basic removal of damaged and unwanted trees to brush chipping and stump grinding, they do it all, offering prompt, professional service, fully licensed and insured. They have quality employees in the business, and their clients can be sure the finished space will reflect the highest quality. They are proud to offer the finest craftsmanship, their crews are on time, and their attention to detail is flawless. This is a long standing, dependable and safe business opportunity, based on the asking price, and yearly net income, this business expects to supply a consistent return on investment to the future owner operator.
Listing Details
Revenue: $408,212
Cash Flow: $175,000
FFE: $282,000 (Included in Price)
Reason For Sale:
The purpose of this business transaction is due to the owner retirement after many years in the landscaping industry.
Training & Support:
Training and owner support, the owner will remain post-closing and is prepared to supply an appropriate transitional period to the purchaser.
Operation
Year Established: 1999
Days & Hours of Operation: Days Hours of operation, this highly profitable landscaping business is active five ½ to six days per week, with hours from 8:00 am to 5:00 pm.
Owner Hours Per Week: Full Time
Employees: Regarding employees and payroll, this landscaping company consist of ten full / part time employees who are unaware of the pending sale. The payroll is primarily based on a weekly base salary, the staff is unaware of the pending sale & fully expected to remain post-closing, and the monthly payroll expense is approximately $13,500.
Location
Type of Location: Commercial Industrial
Square Footage: 2000
Relocatable?: Yes
Facilities Information:
The business is presently located on a private commercial property in Northern Passaic County New Jersey, the facility consists of 2,000 square feet of commercial use and parking for the company’s equipment and vehicles. Unfortunately, due to the owner’s retirement out of this industry the business must be relocated to an alternative warehouse location. As a non-retail location, the rent is expected to be quite moderate.
Summary
Owner Qualifications:
For Qualifications purposes, this business opportunity and industry require New Jersey state government licensing approval to operate in addition to the standard required municipal licenses.
Competition:
Regarding competition, to the best of our knowledge, and due to various circumstances, 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, the business opportunity can be further expanded by the new operator with an improve marketing plan and increase in the local advertising. Additionally, the company does not optimize its web site and if adjusted, can further developed with an increase in gross sales.
Financing/Terms:
Seller and SBA financing is available to a qualify buyer with the appropriate qualifications.