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ACQUISITION OPPORTUNITY – CLIENT S-1768
LAWNCARE
/ LANDSCAPING
This highly profitable company is engaged in providing contract grounds
maintenance services to (strictly) commercial customers – apartment
complexes, condominiums, and commercial buildings.
Services include lawn mowing, mulching, tree and shrub
trimming, weed control in beds, and snow plowing/salt spreading.
This is an outstanding long established and profitable business
with excellent growth opportunities, almost exclusively through
referrals.
INVESTMENT HIGHLIGHTS:
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Profitable
business based on quality and service.
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Average $144,000
ACF during the past three years
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Established
account base.
·
Business
contracts for 2003 season are currently being approved.
·
Easy business
transfer to new owner; seller willing to assist in transition.
·
Well maintained
commercial equipment.
·
Growth potential
by adding new accounts and services.
PURCHASE PRICE:
This business is offered as an asset purchase, free and clear of all
debt and liabilities for $325,000.
To a financially qualified buyer the seller will finance 50% of
the purchase price, based on retention of commercial accounts though
the 2003 season.
Included in the assets are:
Trucks,
Bobcat & equipment, Estimated FMV
$100,000
Customer Contracts
FINANCIAL SUMMARY:
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